Bremer Bank National Association reduced its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,082 shares of the railroad operator’s stock after selling 506 shares during the quarter. Bremer Bank National Association’s holdings in Union Pacific were worth $3,895,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the 3rd quarter valued at $30,000. Fairscale Capital LLC acquired a new stake in shares of Union Pacific during the 2nd quarter valued at $31,000. Jamison Private Wealth Management Inc. lifted its position in shares of Union Pacific by 265.7% during 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 last quarter. Finally, Peterson Financial Group Inc. acquired a new stake in shares of Union Pacific during the 3rd quarter valued at $32,000. 80.38% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
UNP has been the subject of a number of recent research reports. Bank of America cut their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Stifel Nicolaus reduced their target price on Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday. Wells Fargo & Company reduced their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Sanford C. Bernstein reduced their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Finally, Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine investment 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $259.35.
Union Pacific Trading Down 0.4 %
Union Pacific stock opened at $233.99 on Monday. 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 company has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company’s fifty day moving average price is $233.83 and its two-hundred day moving average price is $238.95.
Union Pacific (NYSE:UNP – Get Free Report) last posted 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 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 quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.51 earnings per share. On average, analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.29%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.
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.
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