Union Pacific Co. (NYSE:UNP) Shares Bought by Colonial Trust Co SC

Colonial Trust Co SC boosted its position in Union Pacific Co. (NYSE:UNP - Free Report) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,931 shares of the railroad operator's stock after acquiring an additional 1,287 shares during the quarter. Union Pacific accounts for 1.0% of Colonial Trust Co SC's investment portfolio, making the stock its 22nd biggest position. Colonial Trust Co SC's holdings in Union Pacific were worth $6,825,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. abrdn plc lifted its stake in shares of Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock worth $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after purchasing an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd lifted its stake in shares of Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after purchasing an additional 53,946 shares in the last quarter. Pinnbrook Capital Management LP acquired a new position in shares of Union Pacific during the fourth quarter worth about $3,954,000. Finally, Traveka Wealth LLC lifted its stake in shares of Union Pacific by 236.6% during the fourth quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator's stock worth $1,041,000 after purchasing an additional 3,210 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Jefferies Financial Group reduced their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Redburn Atlantic upgraded Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a research note on Wednesday, April 16th. Susquehanna cut their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Stephens cut their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Finally, Benchmark boosted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $257.86.

Union Pacific Stock Performance

Shares of NYSE:UNP traded up $13.80 during trading on Monday, hitting $230.12. 2,426,365 shares of the company traded hands, compared to its average volume of 2,612,565. The stock has a market capitalization of $137.49 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 2.15 and a beta of 1.07. The business's fifty day moving average is $225.66 and its 200-day moving average is $233.76. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the company earned $2.69 earnings per share. The business's quarterly revenue was down .1% compared to the same quarter last year. As a group, equities analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.33%. Union Pacific's dividend payout ratio (DPR) is 48.29%.

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.