Bangor Savings Bank Lowers Stock Holdings in Union Pacific Co. (NYSE:UNP)

Bangor Savings Bank reduced its position in Union Pacific Co. (NYSE:UNP) by 15.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 298 shares of the railroad operator’s stock after selling 53 shares during the quarter. Bangor Savings Bank’s holdings in Union Pacific were worth $68,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UNP. Chesapeake Wealth Management grew its position in Union Pacific by 0.5% during the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after acquiring an additional 43 shares during the last quarter. Traveka Wealth LLC grew its holdings in shares of Union Pacific by 3.4% during the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock valued at $335,000 after purchasing an additional 45 shares during the last quarter. Red Mountain Financial LLC raised its position in Union Pacific by 2.0% in the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock worth $561,000 after purchasing an additional 45 shares during the period. True Link Financial Advisors LLC lifted its stake in Union Pacific by 1.2% in the third quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock worth $990,000 after purchasing an additional 47 shares during the last quarter. Finally, Alpha Financial Partners LLC boosted its position in Union Pacific by 3.6% during the second quarter. Alpha Financial Partners LLC now owns 1,453 shares of the railroad operator’s stock valued at $329,000 after buying an additional 50 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on UNP. Stifel Nicolaus lowered their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Citigroup boosted their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Susquehanna cut their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Raymond James upped their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Finally, Benchmark reissued a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $260.30.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $230.35 on Wednesday. The business has a fifty day simple moving average of $234.82 and a two-hundred day simple moving average of $238.73. The firm has a market capitalization of $139.65 billion, a P/E ratio of 21.15, a P/E/G ratio of 2.33 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the firm earned $2.51 EPS. The company’s revenue was up 2.5% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.