First National Trust Co Has $2.42 Million Holdings in Union Pacific Co. (NYSE:UNP)

First National Trust Co increased its position in Union Pacific Co. (NYSE:UNP) by 0.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 9,798 shares of the railroad operator’s stock after purchasing an additional 69 shares during the period. First National Trust Co’s holdings in Union Pacific were worth $2,415,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific in the second quarter worth $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific during the 2nd quarter worth about $28,000. Financial Gravity Asset Management Inc. boosted its position in Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter worth approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in Union Pacific in the 2nd quarter valued at approximately $31,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UNP has been the topic of several research reports. BMO Capital Markets dropped their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Susquehanna lowered their target price on shares of 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 cut their target price on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Citigroup raised their price target on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $259.30.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $238.91 on Wednesday. The stock has a market capitalization of $144.84 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 2.39 and a beta of 1.06. The business’s fifty day moving average price is $243.09 and its two-hundred day moving average price is $238.66. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.51 EPS. As a group, analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

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.