Farmers Trust Co. Acquires 6,495 Shares of Union Pacific Co. (NYSE:UNP)

Farmers Trust Co. boosted its position in Union Pacific Co. (NYSE:UNP - Free Report) by 67.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,183 shares of the railroad operator's stock after purchasing an additional 6,495 shares during the quarter. Farmers Trust Co.'s holdings in Union Pacific were worth $3,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Compass Financial Services Inc purchased a new stake in Union Pacific in the 4th quarter worth approximately $25,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific in the 4th quarter worth $29,000. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the 4th quarter worth $31,000. PrairieView Partners LLC bought a new position in shares of Union Pacific in the 4th quarter worth $34,000. Finally, Strategic Investment Solutions Inc. IL increased its holdings in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after buying an additional 45 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Down 0.5%

Shares of UNP traded down $1.07 during trading hours on Friday, reaching $221.44. 4,179,597 shares of the company traded hands, compared to its average volume of 2,642,700. The company's fifty day moving average price is $221.74 and its two-hundred day moving average price is $232.74. The company has a market capitalization of $132.31 billion, a price-to-earnings ratio of 19.97, 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 Co. has a 12 month low of $204.66 and a 12 month high of $258.07.

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). The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.69 EPS. Equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 2.42%. The ex-dividend date is Friday, May 30th. Union Pacific's payout ratio is 48.29%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on UNP shares. Raymond James reissued a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. 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. Bank of America increased 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. Finally, Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and reduced their target price for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $257.50.

Union Pacific 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.