Piscataqua Savings Bank Has $1.98 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Piscataqua Savings Bank grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,361 shares of the railroad operator’s stock after purchasing an additional 76 shares during the quarter. Union Pacific comprises about 1.7% of Piscataqua Savings Bank’s portfolio, making the stock its 13th biggest holding. Piscataqua Savings Bank’s holdings in Union Pacific were worth $1,975,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. First Affirmative Financial Network increased its holdings in shares of Union Pacific by 12.4% during the 1st quarter. First Affirmative Financial Network now owns 1,608 shares of the railroad operator’s stock worth $380,000 after acquiring an additional 177 shares during the last quarter. Radnor Capital Management LLC increased its holdings in shares of Union Pacific by 4.0% in the first quarter. Radnor Capital Management LLC now owns 10,887 shares of the railroad operator’s stock valued at $2,572,000 after purchasing an additional 415 shares during the last quarter. Impact Capital Partners LLC increased its holdings in shares of Union Pacific by 4.2% in the first quarter. Impact Capital Partners LLC now owns 8,817 shares of the railroad operator’s stock valued at $2,083,000 after purchasing an additional 354 shares during the last quarter. First National Corp MA ADV increased its holdings in shares of Union Pacific by 20.0% in the first quarter. First National Corp MA ADV now owns 1,719 shares of the railroad operator’s stock valued at $406,000 after purchasing an additional 287 shares during the last quarter. Finally, Constitution Capital LLC increased its holdings in shares of Union Pacific by 3.2% in the first quarter. Constitution Capital LLC now owns 22,828 shares of the railroad operator’s stock valued at $5,393,000 after purchasing an additional 700 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 1.2%

Union Pacific stock opened at $223.39 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The firm’s fifty day moving average is $220.25 and its 200 day moving average is $232.23. The company has a market capitalization of $133.47 billion, a PE ratio of 20.14, a PEG ratio of 2.15 and a beta of 1.05.

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

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.40%. Union Pacific’s dividend payout ratio is presently 48.29%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Wells Fargo & Company decreased their price target on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $263.00 target price on shares of Union Pacific in a research report on Monday, June 2nd. Raymond James reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Friday, April 25th. Jefferies Financial Group decreased their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Finally, Stephens decreased their price objective on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.74.

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.