Fiduciary Trust Co Purchases 2,807 Shares of Union Pacific Co. (NYSE:UNP)

Fiduciary Trust Co boosted its position in Union Pacific Co. (NYSE:UNP - Free Report) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 102,213 shares of the railroad operator's stock after acquiring an additional 2,807 shares during the quarter. Fiduciary Trust Co's holdings in Union Pacific were worth $23,309,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Compass Financial Services Inc purchased a new stake in Union Pacific during the fourth quarter valued at about $25,000. Synergy Asset Management LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $29,000. EnRich Financial Partners LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $31,000. PrairieView Partners LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $34,000. Finally, Strategic Investment Solutions Inc. IL boosted its position in Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after buying an additional 45 shares during the period. Institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Barclays cut their price target on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research report on Friday, April 25th. Robert W. Baird upped their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. UBS Group dropped their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Guggenheim increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Finally, TD Cowen increased their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $257.86.

Union Pacific Stock Down 0.3%

Shares of NYSE UNP traded down $0.64 on Friday, reaching $216.20. 2,172,909 shares of the company's stock traded hands, compared to its average volume of 2,612,947. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The business's 50 day simple moving average is $225.66 and its two-hundred day simple moving average is $233.76. The company has a market cap of $129.17 billion, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. 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 announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the prior year, the business posted $2.69 EPS. Union Pacific's revenue for the quarter was down .1% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio is 48.29%.

About Union Pacific

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.