Union Pacific Co. (NYSE:UNP) Shares Acquired by Community Bank & Trust Waco Texas

Community Bank & Trust Waco Texas lifted its position in Union Pacific Co. (NYSE:UNP) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,536 shares of the railroad operator’s stock after purchasing an additional 2,933 shares during the quarter. Union Pacific comprises about 1.6% of Community Bank & Trust Waco Texas’ holdings, making the stock its 20th biggest holding. Community Bank & Trust Waco Texas’ holdings in Union Pacific were worth $6,027,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Clearbridge Investments LLC boosted its stake in Union Pacific by 108.9% during the third quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock worth $840,702,000 after buying an additional 2,151,893 shares during the period. FMR LLC lifted its position in shares of Union Pacific by 62.8% during the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after purchasing an additional 2,119,382 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Union Pacific by 65.5% during the third quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock worth $478,224,000 after purchasing an additional 929,495 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Union Pacific by 331.7% during the fourth quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock worth $280,817,000 after purchasing an additional 878,490 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Union Pacific by 20,736.8% during the fourth quarter. International Assets Investment Management LLC now owns 803,677 shares of the railroad operator’s stock worth $197,399,000 after purchasing an additional 799,820 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on UNP shares. Benchmark raised their target price on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. UBS Group raised their target price on shares of Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a report on Friday, January 26th. JPMorgan Chase & Co. raised their target price on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a report on Tuesday, April 9th. Raymond James raised their target price on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a report on Tuesday, January 16th. Finally, Jefferies Financial Group initiated coverage on shares of Union Pacific in a report on Monday, April 8th. They issued a “hold” rating and a $250.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $255.00.

Union Pacific Trading Down 2.7 %

NYSE:UNP traded down $6.44 during trading hours on Wednesday, reaching $229.85. 927,903 shares of the company were exchanged, compared to its average volume of 2,287,982. Union Pacific Co. has a 52-week low of $190.37 and a 52-week high of $258.66. The stock has a 50 day simple moving average of $244.85 and a 200 day simple moving average of $234.64. The firm has a market cap of $140.23 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 2.53 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.15. The company had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.67 earnings per share. As a group, analysts predict that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s payout ratio is 49.71%.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.26% of the company’s stock.

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.