4,321 Shares in Union Pacific Co. (NYSE:UNP) Purchased by Texas Bank & Trust Co

Texas Bank & Trust Co bought a new stake in Union Pacific Co. (NYSE:UNP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,321 shares of the railroad operator’s stock, valued at approximately $985,000.

Several other institutional investors have also recently bought and sold shares of UNP. Fiduciary Trust Co grew its position in Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator’s stock valued at $23,309,000 after purchasing an additional 2,807 shares in the last quarter. abrdn plc boosted its stake in shares of Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $781,000. Pinnbrook Capital Management LP bought a new position in shares of Union Pacific in the 4th quarter valued at about $3,954,000. Finally, Tokio Marine Asset Management Co. Ltd. increased its position in shares of Union Pacific by 128.3% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 36,798 shares of the railroad operator’s stock valued at $8,391,000 after acquiring an additional 20,681 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP opened at $231.35 on Friday. The firm has a market cap of $138.22 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The business’s 50 day moving average is $224.16 and its 200-day moving average is $233.68. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the company earned $2.69 earnings per share. The business’s quarterly revenue was down .1% compared to the same quarter last year. Equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio is 48.29%.

Analyst Upgrades and Downgrades

UNP has been the subject of several recent research reports. Robert W. Baird increased their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Guggenheim increased their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Barclays lowered their target price on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Friday, April 25th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price target on the stock. Finally, Benchmark lifted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $257.50.

Union Pacific 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.