Peoples Financial Services CORP. Sells 354 Shares of Union Pacific Co. (NYSE:UNP)

Peoples Financial Services CORP. reduced its position in Union Pacific Co. (NYSE:UNP) by 11.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,828 shares of the railroad operator’s stock after selling 354 shares during the period. Peoples Financial Services CORP.’s holdings in Union Pacific were worth $645,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the 2nd quarter valued at about $28,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific in the 3rd quarter valued at about $30,000. Fairscale Capital LLC bought a new stake in Union Pacific in the 2nd quarter valued at about $31,000. Jamison Private Wealth Management Inc. raised its stake in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific in the 3rd quarter valued at about $32,000. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. TD Cowen reduced their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Susquehanna reduced their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Raymond James lifted their target price on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a report on Friday, January 10th. Benchmark reissued a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Finally, Sanford C. Bernstein cut their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $229.25 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market cap of $138.98 billion, a PE ratio of 21.05, a P/E/G ratio of 2.33 and a beta of 1.06. The business has a 50 day moving average of $234.49 and a 200 day moving average of $238.87. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.51 EPS. As a group, equities research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.34%. Union Pacific’s payout ratio is 49.22%.

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.