Capital City Trust Co. FL Purchases 50 Shares of Union Pacific Corporation $UNP

Capital City Trust Co. FL boosted its position in Union Pacific Corporation (NYSE:UNP) by 0.3% during the 2nd quarter, Holdings Channel reports. The fund owned 20,027 shares of the railroad operator’s stock after buying an additional 50 shares during the period. Union Pacific makes up 1.2% of Capital City Trust Co. FL’s portfolio, making the stock its 27th largest holding. Capital City Trust Co. FL’s holdings in Union Pacific were worth $4,608,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pines Wealth Management LLC boosted its holdings in Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after acquiring an additional 43 shares in the last quarter. Titleist Asset Management LLC raised its stake in shares of Union Pacific by 1.1% in the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after purchasing an additional 44 shares during the last quarter. Five Oceans Advisors raised its stake in shares of Union Pacific by 3.9% in the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after purchasing an additional 44 shares during the last quarter. Stiles Financial Services Inc raised its stake in shares of Union Pacific by 1.6% in the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after purchasing an additional 48 shares during the last quarter. Finally, Avalon Trust Co raised its stake in shares of Union Pacific by 5.1% in the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. BMO Capital Markets increased their price objective on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $250.00 to $251.00 in a research note on Monday, September 15th. Sanford C. Bernstein increased their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Finally, Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the company from $250.00 to $285.00 in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $260.54.

Union Pacific Stock Performance

Shares of UNP opened at $236.60 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $140.33 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 2.47 and a beta of 1.07. The stock has a 50 day moving average of $223.67 and a 200 day moving average of $224.51. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same period in the prior year, the company earned $2.74 earnings per share. Union Pacific’s revenue was up 2.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.3%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Friday, August 29th. Union Pacific’s dividend payout ratio is currently 47.96%.

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.