Davidson Trust Co. Acquires Shares of 3,750 Union Pacific Corporation (NYSE:UNP)

Davidson Trust Co. bought a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,750 shares of the railroad operator's stock, valued at approximately $886,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Norges Bank purchased a new stake in Union Pacific during the fourth quarter worth $1,927,377,000. Raymond James Financial Inc. purchased a new position in shares of Union Pacific in the fourth quarter worth about $1,035,905,000. GAMMA Investing LLC raised its stake in Union Pacific by 27,502.8% during the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock worth $588,510,000 after purchasing an additional 2,482,126 shares during the period. Geode Capital Management LLC raised its stake in Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock worth $3,282,305,000 after purchasing an additional 1,616,895 shares during the period. Finally, Capital Research Global Investors raised its stake in Union Pacific by 14.3% during the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on UNP. Bank of America boosted their price target on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Baird R W upgraded shares of Union Pacific to a "hold" rating in a research report on Tuesday. Susquehanna upgraded shares of Union Pacific from a "neutral" rating to a "positive" rating and upped their price target for the company from $245.00 to $260.00 in a research report on Tuesday, June 24th. Stifel Nicolaus reduced their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective for the company in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and an average target price of $256.91.

Union Pacific Stock Performance

Shares of NYSE:UNP traded down $0.72 during trading on Friday, hitting $236.45. 1,327,641 shares of the company traded hands, compared to its average volume of 2,719,394. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07. The stock has a market capitalization of $141.27 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.37 and a beta of 1.05. The business's fifty day moving average is $224.00 and its 200-day moving average is $230.79. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results 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 40.80% and a net margin of 27.76%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the company posted $2.69 earnings per share. The company's quarterly revenue was down .1% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific's payout ratio 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.