Farmers & Merchants Investments Inc. Has $21.87 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Farmers & Merchants Investments Inc. lowered its holdings in Union Pacific Co. (NYSE:UNP) by 0.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,941 shares of the railroad operator’s stock after selling 676 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Union Pacific were worth $21,873,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Desjardins Global Asset Management Inc. boosted its holdings in Union Pacific by 1.4% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after purchasing an additional 41 shares during the period. Twin Capital Management Inc. boosted its holdings in Union Pacific by 3.0% in the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock valued at $342,000 after purchasing an additional 41 shares during the period. Sunburst Financial Group LLC boosted its holdings in Union Pacific by 1.8% in the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after purchasing an additional 42 shares during the period. Mission Wealth Management LP boosted its holdings in Union Pacific by 0.5% in the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after purchasing an additional 42 shares during the period. Finally, Berkeley Capital Partners LLC boosted its holdings in Union Pacific by 1.0% in the 4th quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock valued at $1,007,000 after purchasing an additional 42 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.2 %

Shares of UNP traded down $0.55 during trading hours on Tuesday, hitting $224.31. 429,713 shares of the stock were exchanged, compared to its average volume of 2,295,376. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The business has a 50-day moving average of $233.31 and a 200-day moving average of $240.32. The firm has a market capitalization of $136.86 billion, a P/E ratio of 21.46, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same period in the prior year, the company posted $2.67 earnings per share. Union Pacific’s revenue for the quarter was down .4% compared to the same quarter last year. On average, research analysts expect that Union Pacific Co. will post 11.22 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend was Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on UNP. Wells Fargo & Company began coverage on shares of Union Pacific in a report on Friday, June 7th. They set an “overweight” rating and a $270.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a report on Tuesday, April 9th. Susquehanna cut their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and cut their price target for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Finally, Jefferies Financial Group began coverage on shares of Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 price target for the company. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $258.92.

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.