Wilmington Savings Fund Society FSB Purchases 29,330 Shares of Union Pacific Co. (NYSE:UNP)

Wilmington Savings Fund Society FSB raised its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 124.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,963 shares of the railroad operator's stock after buying an additional 29,330 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in Union Pacific were worth $13,054,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Shellback Capital LP lifted its holdings in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator's stock worth $4,525,000 after buying an additional 4,400 shares during the last quarter. Peoples Bank KS acquired a new position in shares of Union Pacific in the third quarter valued at $834,000. Maj Invest Holding A S raised its stake in shares of Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator's stock valued at $166,645,000 after purchasing an additional 2,202 shares in the last quarter. Radnor Capital Management LLC acquired a new position in shares of Union Pacific in the third quarter valued at $2,923,000. Finally, Signature Estate & Investment Advisors LLC raised its stake in shares of Union Pacific by 190.5% in the third quarter. Signature Estate & Investment Advisors LLC now owns 4,430 shares of the railroad operator's stock valued at $1,092,000 after purchasing an additional 2,905 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP stock traded down $0.08 during trading hours on Thursday, hitting $233.70. 2,242,650 shares of the company's stock were exchanged, compared to its average volume of 2,341,308. The stock's 50-day moving average is $238.60 and its 200-day moving average is $238.30. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market cap of $141.68 billion, a price-to-earnings ratio of 21.47, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 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 the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.51 EPS. As a group, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be issued 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 is Monday, December 9th. Union Pacific's payout ratio is presently 49.22%.

Analysts Set New Price Targets

UNP has been the subject of a number of recent research reports. Sanford C. Bernstein cut their target price on Union Pacific from $277.00 to $272.00 and set an "outperform" rating for the company in a research note on Wednesday, October 9th. StockNews.com lowered Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, October 1st. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the company a "strong-buy" rating in a research note on Monday, October 14th. Bank of America cut their target price on Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a research note on Tuesday, September 24th. Finally, Susquehanna cut their target price on Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Nine 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 company. According to data from MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and a consensus target price of $259.80.

Union Pacific 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.