Caldwell Trust Co Buys New Position in Union Pacific Corporation $UNP

Caldwell Trust Co bought a new position in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 30,234 shares of the railroad operator’s stock, valued at approximately $6,956,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. CBIZ Investment Advisory Services LLC raised its holdings in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after purchasing an additional 112 shares in the last quarter. Howard Hughes Medical Institute bought a new position in shares of Union Pacific in the second quarter valued at $30,000. Financial Gravity Companies Inc. bought a new position in shares of Union Pacific in the second quarter valued at $31,000. Total Investment Management Inc. acquired a new stake in shares of Union Pacific during the 2nd quarter valued at $31,000. Finally, Access Investment Management LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth $32,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of UNP opened at $239.90 on Monday. The business’s 50-day moving average is $226.39 and its 200-day moving average is $225.81. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The company has a market capitalization of $142.30 billion, a price-to-earnings ratio of 20.38, a P/E/G ratio of 2.66 and a beta of 0.99. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. During the same period in the previous year, the firm posted $2.75 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, December 5th. Union Pacific’s dividend payout ratio (DPR) is currently 46.90%.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent analyst reports. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and lifted their price target for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. JPMorgan Chase & Co. boosted their price objective on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. UBS Group set a $253.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. Finally, TD Cowen cut their price target on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $259.54.

About Union Pacific

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.