Union Pacific Co. (NYSE:UNP) Stock Position Raised by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC grew its position in shares of Union Pacific Co. (NYSE:UNP) by 1.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,530 shares of the railroad operator’s stock after acquiring an additional 129 shares during the quarter. Plimoth Trust Co. LLC’s holdings in Union Pacific were worth $2,836,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the company. Desjardins Global Asset Management Inc. grew its position in Union Pacific by 1.4% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after buying an additional 41 shares in the last quarter. Twin Capital Management Inc. increased its holdings in shares of Union Pacific by 3.0% in the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock valued at $342,000 after purchasing an additional 41 shares during the period. Sunburst Financial Group LLC lifted its position in Union Pacific by 1.8% in the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock worth $588,000 after buying an additional 42 shares in the last quarter. Mission Wealth Management LP grew its stake in Union Pacific by 0.5% in the fourth quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after purchasing an additional 42 shares in the last quarter. Finally, Berkeley Capital Partners LLC lifted its stake in Union Pacific by 1.0% in the fourth quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock valued at $1,007,000 after acquiring an additional 42 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Stifel Nicolaus upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $248.00 to $267.00 in a research note on Friday, May 3rd. Jefferies Financial Group began coverage on shares of Union Pacific in a research note on Monday, April 8th. They issued a “hold” rating and a $250.00 target price on the stock. Raymond James reiterated a “strong-buy” rating and set a $280.00 target price (up previously from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. The Goldman Sachs Group increased their price target on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Finally, TD Cowen raised their target price on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Eight investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $258.92.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $225.50 on Wednesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The firm has a market cap of $137.58 billion, a price-to-earnings ratio of 21.52, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. The stock’s 50-day moving average is $233.11 and its 200-day moving average is $240.20. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the business earned $2.67 EPS. Equities analysts predict that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 annualized dividend and a yield of 2.31%. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

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.