Union Pacific Co. (NYSE:UNP) Shares Bought by Enterprise Bank & Trust Co

Enterprise Bank & Trust Co increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,239 shares of the railroad operator’s stock after acquiring an additional 116 shares during the period. Enterprise Bank & Trust Co’s holdings in Union Pacific were worth $2,563,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the 2nd quarter valued at about $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the 3rd quarter worth approximately $30,000. Fairscale Capital LLC acquired a new stake in shares of Union Pacific during the 2nd quarter worth approximately $31,000. Jamison Private Wealth Management Inc. increased its holdings in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. acquired a new stake in Union Pacific in the 3rd quarter valued at approximately $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNP has been the subject of several research reports. Sanford C. Bernstein dropped their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Bank of America reduced their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Robert W. Baird dropped their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, Susquehanna dropped their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Trading Up 0.7 %

Shares of UNP traded up $1.51 on Monday, hitting $226.72. 1,246,779 shares of the stock traded hands, compared to its average volume of 2,385,771. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $137.45 billion, a P/E ratio of 20.82, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The stock’s 50 day moving average is $234.64 and its two-hundred day moving average is $238.83.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.51 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.

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.