Legacy Private Trust Co. Decreases Holdings in Union Pacific Co. (NYSE:UNP)

Legacy Private Trust Co. reduced its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 8.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,212 shares of the railroad operator's stock after selling 4,570 shares during the period. Union Pacific makes up 0.8% of Legacy Private Trust Co.'s portfolio, making the stock its 25th largest holding. Legacy Private Trust Co.'s holdings in Union Pacific were worth $11,626,000 as of its most recent SEC filing.

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

Union Pacific Trading Up 1.1%

UNP stock traded up $2.45 during midday trading on Tuesday, hitting $221.34. 1,985,410 shares of the company's stock were exchanged, compared to its average volume of 2,648,428. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The business has a 50-day simple moving average of $221.35 and a two-hundred day simple moving average of $232.55. The stock has a market capitalization of $132.25 billion, a PE ratio of 19.96, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the prior year, the business earned $2.69 earnings per share. The company's quarterly revenue was down .1% on a year-over-year basis. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.42%. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Stephens decreased their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Bank of America lifted their target price on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and cut their target price for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Finally, Redburn Atlantic upgraded Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price on the stock in a report on Wednesday, April 16th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and an average price target of $257.74.

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.