First Citizens Financial Corp Invests $221,000 in Union Pacific Co. (NYSE:UNP)

First Citizens Financial Corp purchased a new position in Union Pacific Co. (NYSE:UNP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,124 shares of the railroad operator’s stock, valued at approximately $221,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Thomasville National Bank increased its stake in Union Pacific by 2.2% during the 3rd quarter. Thomasville National Bank now owns 2,467 shares of the railroad operator’s stock valued at $486,000 after purchasing an additional 52 shares in the last quarter. Smith Moore & CO. boosted its holdings in shares of Union Pacific by 0.5% in the 2nd quarter. Smith Moore & CO. now owns 11,411 shares of the railroad operator’s stock valued at $1,929,000 after acquiring an additional 54 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in shares of Union Pacific by 0.6% in the 2nd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 9,016 shares of the railroad operator’s stock valued at $1,524,000 after acquiring an additional 55 shares during the last quarter. Toth Financial Advisory Corp boosted its holdings in shares of Union Pacific by 8.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 680 shares of the railroad operator’s stock valued at $134,000 after acquiring an additional 55 shares during the last quarter. Finally, CX Institutional boosted its holdings in shares of Union Pacific by 6.6% in the 2nd quarter. CX Institutional now owns 940 shares of the railroad operator’s stock valued at $159,000 after acquiring an additional 58 shares during the last quarter. 78.16% of the stock is owned by hedge funds and other institutional investors.

In other news, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $193.79, for a total value of $193,790.00. Following the completion of the transaction, the chief financial officer now owns 74,648 shares of the company’s stock, valued at $14,466,035.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Todd M. Rynaski sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $190.46, for a total transaction of $285,690.00. Following the completion of the transaction, the vice president now directly owns 10,550 shares of the company’s stock, valued at approximately $2,009,353. The disclosure for this sale can be found here. In the last three months, insiders sold 7,876 shares of company stock valued at $1,530,542. Insiders own 0.20% of the company’s stock.

Shares of NYSE UNP traded up $1.04 during mid-day trading on Friday, reaching $209.85. The company’s stock had a trading volume of 3,329,468 shares, compared to its average volume of 3,587,916. The stock has a 50-day moving average of $197.75 and a two-hundred day moving average of $174.66. The stock has a market capitalization of $142.45 billion, a P/E ratio of 26.04, a P/E/G ratio of 2.51 and a beta of 1.03. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.84 and a current ratio of 0.96. Union Pacific Co. has a 1-year low of $105.08 and a 1-year high of $210.95.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 23rd. The railroad operator reported $1.67 EPS for the quarter, beating the Zacks’ consensus estimate of $1.56 by $0.11. Union Pacific had a net margin of 27.54% and a return on equity of 32.45%. The business had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.34 billion. During the same period in the prior year, the business earned $2.22 earnings per share. The company’s quarterly revenue was down 24.2% compared to the same quarter last year. Analysts predict that Union Pacific Co. will post 7.8 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st were paid a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend was Friday, August 28th. Union Pacific’s payout ratio is 46.30%.

UNP has been the topic of several recent research reports. Barclays upped their price objective on shares of Union Pacific from $165.00 to $170.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Goldman Sachs Group increased their price target on shares of Union Pacific from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, September 1st. Bank of America increased their price target on shares of Union Pacific from $198.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. BMO Capital Markets increased their price target on shares of Union Pacific from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Finally, Citigroup increased their price target on shares of Union Pacific from $167.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Union Pacific currently has a consensus rating of “Buy” and a consensus price target of $184.04.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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