Union Pacific Corporation $UNP Shares Sold by Moody National Bank Trust Division

Moody National Bank Trust Division cut its holdings in Union Pacific Corporation (NYSE:UNP) by 30.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,477 shares of the railroad operator’s stock after selling 3,325 shares during the period. Moody National Bank Trust Division’s holdings in Union Pacific were worth $1,730,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Capital World Investors grew its holdings in shares of Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after purchasing an additional 6,908,016 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after purchasing an additional 3,861,636 shares during the last quarter. Capital Research Global Investors raised its holdings in Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after buying an additional 4,244,226 shares during the period. Norges Bank acquired a new position in Union Pacific in the second quarter valued at about $1,856,340,000. Finally, Franklin Resources Inc. boosted its stake in Union Pacific by 18.9% during the third quarter. Franklin Resources Inc. now owns 7,164,334 shares of the railroad operator’s stock worth $1,693,434,000 after buying an additional 1,139,926 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a research note on Thursday, December 11th. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. TD Cowen reduced their price target on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Finally, Evercore raised shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 price objective for the company in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $264.86.

Union Pacific Stock Up 0.6%

UNP opened at $239.69 on Wednesday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $268.14. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a market capitalization of $142.23 billion, a P/E ratio of 20.02, a price-to-earnings-growth ratio of 2.60 and a beta of 0.95. The business’s 50-day simple moving average is $247.70 and its 200-day simple moving average is $234.69.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the business earned $2.91 earnings per share. Analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is currently 46.12%.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.