Bremer Bank National Association Raises Position in Union Pacific Co. (NYSE:UNP)

Bremer Bank National Association grew its position in shares of Union Pacific Co. (NYSE:UNP) by 9.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,731 shares of the railroad operator’s stock after buying an additional 1,649 shares during the quarter. Bremer Bank National Association’s holdings in Union Pacific were worth $4,425,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Compass Financial Services Inc bought a new stake in Union Pacific in the 4th quarter worth about $25,000. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific during the 4th quarter valued at about $31,000. PrairieView Partners LLC bought a new stake in shares of Union Pacific in the fourth quarter worth approximately $34,000. Strategic Investment Solutions Inc. IL grew its stake in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after acquiring an additional 45 shares during the period. Finally, Kentucky Trust Co purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $40,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $218.94 on Tuesday. The firm has a fifty day moving average price of $221.35 and a 200-day moving average price of $232.55. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a market cap of $130.81 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period last year, the business earned $2.69 earnings per share. The company’s quarterly revenue was down .1% compared to the same quarter last year. Equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed 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. This represents a $5.36 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is currently 48.29%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UNP. Jefferies Financial Group lowered their price objective on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Stifel Nicolaus dropped their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Bank of America raised their price target on Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. UBS Group dropped their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Finally, Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $260.00 to $244.00 in a research note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $257.74.

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.