Keybank National Association OH Sells 3,903 Shares of Union Pacific Corporation $UNP

Keybank National Association OH trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 1.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 279,884 shares of the railroad operator’s stock after selling 3,903 shares during the quarter. Keybank National Association OH’s holdings in Union Pacific were worth $66,156,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Acadian Asset Management LLC lifted its holdings in Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after buying an additional 665 shares during the period. Pure Financial Advisors LLC bought a new position in shares of Union Pacific during the second quarter valued at approximately $660,000. Naples Global Advisors LLC lifted its stake in Union Pacific by 1.2% in the second quarter. Naples Global Advisors LLC now owns 9,884 shares of the railroad operator’s stock worth $2,274,000 after acquiring an additional 116 shares during the period. Lecap Asset Management Ltd. bought a new stake in Union Pacific in the second quarter valued at $725,000. Finally, Patriot Financial Group Insurance Agency LLC increased its position in Union Pacific by 14.1% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,611 shares of the railroad operator’s stock valued at $831,000 after purchasing an additional 447 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 0.7%

NYSE:UNP opened at $235.14 on Friday. The stock has a market cap of $139.48 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 2.57 and a beta of 0.99. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The company’s 50 day moving average price is $232.21 and its 200-day moving average price is $226.81. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $253.20.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.15 billion. During the same period last year, the business earned $2.91 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend payout ratio is currently 46.12%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on UNP shares. Barclays reaffirmed an “overweight” rating and set a $285.00 target price (up previously from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. TD Cowen reduced their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a research note on Thursday, December 11th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $258.32.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.