Sanibel Captiva Trust Company Inc. Purchases 1,309 Shares of Union Pacific Co. (NYSE:UNP)

Sanibel Captiva Trust Company Inc. grew its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 23.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,911 shares of the railroad operator's stock after buying an additional 1,309 shares during the quarter. Sanibel Captiva Trust Company Inc.'s holdings in Union Pacific were worth $1,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the second quarter worth about $28,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter worth approximately $30,000. Fairscale Capital LLC purchased a new position in shares of Union Pacific in the second quarter worth approximately $31,000. Jamison Private Wealth Management Inc. grew its position in 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 buying an additional 93 shares during the period. Finally, Peterson Financial Group Inc. purchased a new stake in Union Pacific during the third quarter valued at approximately $32,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of UNP stock traded down $0.90 on Friday, reaching $233.99. The company's stock had a trading volume of 3,643,704 shares, compared to its average volume of 2,141,562. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock's fifty day simple moving average is $233.83 and its 200-day simple moving average is $238.95. The company has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.51 earnings per share. Analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific's dividend payout ratio is currently 49.22%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on UNP shares. Sanford C. Bernstein dropped their price target on shares of Union Pacific from $277.00 to $272.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 9th. Bank of America cut their price target on Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a report on Tuesday, September 24th. Susquehanna decreased their price objective on Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Barclays boosted their price objective on Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. Finally, Raymond James raised their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock a "strong-buy" rating in a research note on Friday, January 10th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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.