Keybank National Association OH Decreases Holdings in Union Pacific Corporation $UNP

Keybank National Association OH decreased its stake in Union Pacific Corporation (NYSE:UNP) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 279,884 shares of the railroad operator’s stock after selling 3,903 shares during the period. Keybank National Association OH’s holdings in Union Pacific were worth $66,156,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Howard Capital Management Group LLC boosted its stake in Union Pacific by 2.0% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after purchasing an additional 45 shares during the period. St. Johns Investment Management Company LLC lifted its holdings in shares of Union Pacific by 1.6% in the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after buying an additional 46 shares in the last quarter. Hanson & Doremus Investment Management boosted its position in shares of Union Pacific by 2.5% in the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after acquiring an additional 46 shares during the period. Silver Oak Securities Incorporated grew its stake in Union Pacific by 4.5% during the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after acquiring an additional 46 shares in the last quarter. Finally, Schubert & Co increased its holdings in Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after acquiring an additional 47 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. BMO Capital Markets set a $255.00 target price on Union Pacific in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, January 21st. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.32.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $235.14 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.60 and a current ratio of 0.91. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $253.20. The company has a fifty day moving average of $232.21 and a 200-day moving average of $226.81. The stock has a market capitalization of $139.48 billion, a price-to-earnings ratio of 19.64, a price-to-earnings-growth ratio of 2.57 and a beta of 0.99.

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

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were issued a dividend of $1.38 per share. The ex-dividend date was Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.3%. Union Pacific’s dividend payout ratio is currently 46.12%.

Union Pacific Company Profile

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.