Global Trust Asset Management LLC Has $1.42 Million Holdings in Union Pacific Co. (NYSE:UNP)

Global Trust Asset Management LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 6,227 shares of the railroad operator’s stock after selling 355 shares during the period. Global Trust Asset Management LLC’s holdings in Union Pacific were worth $1,420,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific during the second quarter worth about $28,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. boosted its stake in shares of Union Pacific by 265.7% during the third 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 in the last quarter. Peterson Financial Group Inc. acquired a new stake in Union Pacific during the 3rd quarter worth approximately $32,000. Finally, Dunhill Financial LLC grew its stake in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Up 1.1 %

NYSE UNP opened at $236.73 on Wednesday. The stock has a 50 day moving average price of $233.63 and a 200-day moving average price of $239.18. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market capitalization of $143.52 billion, a P/E ratio of 21.74, a P/E/G ratio of 2.11 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter last year, the firm earned $2.51 earnings per share. The business’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific’s dividend payout ratio is 49.22%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on UNP shares. Robert W. Baird lowered their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Sanford C. Bernstein cut their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Susquehanna lowered their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Citigroup lifted their price target on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.35.

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.