Security National Bank of SO Dak Sells 250 Shares of Union Pacific Co. (NYSE:UNP)

Security National Bank of SO Dak trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,997 shares of the railroad operator’s stock after selling 250 shares during the period. Union Pacific comprises about 1.4% of Security National Bank of SO Dak’s holdings, making the stock its 24th largest position. Security National Bank of SO Dak’s holdings in Union Pacific were worth $2,508,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after purchasing an additional 1,616,895 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares in the last quarter. Norges Bank purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $1,927,377,000. Franklin Resources Inc. grew its holdings in Union Pacific by 5.0% during the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock worth $1,752,804,000 after buying an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in Union Pacific by 15.2% during the fourth quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock worth $1,587,763,000 after buying an additional 920,414 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on UNP. BMO Capital Markets lifted their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Stephens dropped their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Barclays decreased their price objective on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a research note on Friday, April 25th. Finally, Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $257.86.

Union Pacific Trading Up 1.0%

Shares of UNP opened at $230.55 on Friday. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The business has a 50-day moving average of $224.29 and a 200 day moving average of $233.67. The firm has a market cap of $137.75 billion, a P/E ratio of 20.79, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the business earned $2.69 EPS. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.32%. Union Pacific’s payout ratio is 48.29%.

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.