First Hawaiian Bank Sells 1,353 Shares of Union Pacific Co. (NYSE:UNP)

First Hawaiian Bank lessened its position in Union Pacific Co. (NYSE:UNP - Free Report) by 13.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,855 shares of the railroad operator's stock after selling 1,353 shares during the period. First Hawaiian Bank's holdings in Union Pacific were worth $2,092,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of Union Pacific by 12.6% in 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 last quarter. Capital Research Global Investors grew its position in shares of Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after buying an additional 1,298,178 shares during the last quarter. Norges Bank bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $1,927,377,000. Franklin Resources Inc. grew its position in shares of Union Pacific by 5.0% in the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator's stock worth $1,752,804,000 after buying an additional 363,937 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Union Pacific by 15.2% in the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator's stock worth $1,587,763,000 after buying an additional 920,414 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Wall Street Analyst Weigh In

UNP has been the topic of several recent analyst reports. Loop Capital cut shares of Union Pacific from a "hold" rating to a "sell" rating and cut their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Wells Fargo & Company cut their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Susquehanna cut their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Argus raised Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Finally, Raymond James reaffirmed a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $257.50.

Union Pacific Stock Down 0.5%

Union Pacific stock traded down $1.07 during mid-day trading on Friday, reaching $221.44. The stock had a trading volume of 4,179,597 shares, compared to its average volume of 2,642,700. The company has a market capitalization of $132.31 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 2.15 and a beta of 1.07. The company has a 50-day moving average price of $221.74 and a two-hundred day moving average price of $232.74. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.

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 the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.69 EPS. On average, analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

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.