Central Pacific Bank Trust Division Increases Holdings in Union Pacific Co. (NYSE:UNP)

Central Pacific Bank Trust Division increased its position in Union Pacific Co. (NYSE:UNP) by 13.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,250 shares of the railroad operator’s stock after acquiring an additional 147 shares during the period. Central Pacific Bank Trust Division’s holdings in Union Pacific were worth $285,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $28,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. increased its holdings in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the last quarter. Fairscale Capital LLC bought a new position in Union Pacific in the second quarter worth approximately $31,000. Finally, Dunhill Financial LLC boosted its stake in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP opened at $231.50 on Friday. The company has a market cap of $140.35 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 2.33 and a beta of 1.05. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The stock’s 50 day simple moving average is $234.90 and its two-hundred day simple moving average is $238.44. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on UNP shares. Royal Bank of Canada reduced their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen reduced their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Raymond James lifted their price objective on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Finally, Susquehanna lowered their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Company 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.