Fifth Third Bancorp Sells 1,015 Shares of Union Pacific Co. (NYSE:UNP)

Fifth Third Bancorp decreased its stake in Union Pacific Co. (NYSE:UNP) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 611,224 shares of the railroad operator’s stock after selling 1,015 shares during the quarter. Fifth Third Bancorp owned approximately 0.10% of Union Pacific worth $139,384,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UNP. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter worth $30,000. Jamison Private Wealth Management Inc. raised its position in shares of Union Pacific by 265.7% during 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 period. Peterson Financial Group Inc. bought a new position in Union Pacific in the 3rd quarter worth $32,000. Finally, Dunhill Financial LLC increased its stake in Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Robert W. Baird upped their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Stifel Nicolaus raised their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday. Raymond James reiterated a “strong-buy” rating and issued a $285.00 target price (up from $265.00) on shares of Union Pacific in a research report on Friday. Finally, BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday. Nine research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $262.57.

Union Pacific Price Performance

Shares of UNP opened at $248.94 on Friday. The company has a 50 day moving average of $233.78 and a two-hundred day moving average of $239.22. The company has a market cap of $150.92 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the firm posted $2.71 earnings per share. As a group, analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

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.