CoreFirst Bank & Trust Buys New Position in Union Pacific Co. (NYSE:UNP)

CoreFirst Bank & Trust purchased a new stake in Union Pacific Co. (NYSE:UNP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,963 shares of the railroad operator’s stock, valued at approximately $448,000.

Several other large investors have also bought and sold shares of the stock. Compass Financial Services Inc bought a new position in shares of Union Pacific during the fourth quarter valued at about $25,000. Synergy Asset Management LLC purchased a new stake in Union Pacific in the 4th quarter valued at about $29,000. Dunhill Financial LLC boosted its stake in shares of 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 during the last quarter. PrairieView Partners LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $34,000. Finally, Kentucky Trust Co purchased a new stake in shares of Union Pacific during the fourth quarter valued at approximately $40,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $235.20 on Tuesday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The stock has a market cap of $142.13 billion, a P/E ratio of 21.21, a P/E/G ratio of 2.15 and a beta of 1.05. The company has a 50 day moving average of $242.85 and a 200 day moving average of $239.83.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the previous year, the company earned $2.71 EPS. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Analyst Ratings Changes

Several research firms have weighed in on UNP. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective on the stock. Citigroup increased their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Stifel Nicolaus increased their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Robert W. Baird lifted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Union Pacific Company 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.