AAFMAA Wealth Management & Trust LLC Cuts Stock Position in Union Pacific Co. (NYSE:UNP)

AAFMAA Wealth Management & Trust LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 23.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,981 shares of the railroad operator's stock after selling 2,378 shares during the period. AAFMAA Wealth Management & Trust LLC's holdings in Union Pacific were worth $1,885,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fiduciary Trust Co lifted its stake in Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after acquiring an additional 2,807 shares during the period. Sherbrooke Park Advisers LLC bought a new position in Union Pacific in the fourth quarter worth $781,000. Pinnbrook Capital Management LP bought a new position in Union Pacific in the fourth quarter worth $3,954,000. Miramar Capital LLC increased its holdings in shares of Union Pacific by 3.1% during the fourth quarter. Miramar Capital LLC now owns 54,564 shares of the railroad operator's stock valued at $12,443,000 after acquiring an additional 1,648 shares in the last quarter. Finally, Portfolio Design Labs LLC increased its holdings in shares of Union Pacific by 19.8% during the fourth quarter. Portfolio Design Labs LLC now owns 7,703 shares of the railroad operator's stock valued at $1,757,000 after acquiring an additional 1,273 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Up 1.2%

NYSE UNP traded up $2.74 during trading on Friday, hitting $223.39. The stock had a trading volume of 2,953,392 shares, compared to its average volume of 2,678,020. The company has a market capitalization of $133.47 billion, a PE ratio of 20.14, a PEG ratio of 2.15 and a beta of 1.05. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a 50 day moving average price of $220.25 and a 200 day moving average price of $232.23. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07.

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

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio is currently 48.29%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a "buy" rating and a $295.00 target price for the company. Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and lowered their price target for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. Redburn Atlantic raised shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a report on Wednesday, April 16th. Barclays lowered their target price on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a report on Friday, April 25th. Finally, Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $257.74.

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.