United Community Bank Has $197,000 Holdings in Union Pacific Co. (NYSE:UNP)

United Community Bank increased its stake in Union Pacific Co. (NYSE:UNP) by 28.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 803 shares of the railroad operator’s stock after purchasing an additional 179 shares during the period. United Community Bank’s holdings in Union Pacific were worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Silver Oak Advisory Group Inc. acquired a new position in shares of Union Pacific during the 4th quarter worth about $219,000. Allegheny Financial Group LTD raised its holdings in shares of Union Pacific by 22.5% in the 4th quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock valued at $2,674,000 after purchasing an additional 2,000 shares during the period. Silver Oak Securities Incorporated bought a new stake in shares of Union Pacific in the 4th quarter valued at about $238,000. BNP Paribas bought a new stake in shares of Union Pacific in the 1st quarter valued at about $1,088,000. Finally, Nordea Investment Management AB raised its holdings in shares of Union Pacific by 46.9% in the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock valued at $21,596,000 after purchasing an additional 28,052 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.6 %

UNP traded up $1.40 during trading on Wednesday, reaching $223.18. 247,151 shares of the company’s stock were exchanged, compared to its average volume of 2,265,191. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $136.17 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 1.90 and a beta of 1.06. The firm has a fifty day moving average price of $231.40 and a two-hundred day moving average price of $239.48.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same period in the previous year, the firm posted $2.67 EPS. The company’s revenue for the quarter was down .4% compared to the same quarter last year. As a group, equities research analysts forecast that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date was Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on UNP shares. Morgan Stanley upped their target price on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and lowered their price target for the company from $276.00 to $238.00 in a report on Monday, June 17th. Evercore ISI increased their price target on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Wells Fargo & Company assumed coverage on shares of Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 price target on the stock. Finally, Sanford C. Bernstein lowered their price target on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.63.

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.