Security National Bank of Sioux City Iowa IA Has $2.87 Million Stake in Union Pacific Corporation $UNP

Security National Bank of Sioux City Iowa IA raised its position in shares of Union Pacific Corporation (NYSE:UNP) by 26.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,566 shares of the railroad operator’s stock after acquiring an additional 2,180 shares during the quarter. Union Pacific comprises 1.2% of Security National Bank of Sioux City Iowa IA’s investment portfolio, making the stock its 24th biggest holding. Security National Bank of Sioux City Iowa IA’s holdings in Union Pacific were worth $2,874,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. State Street Corp boosted its position in shares of Union Pacific by 4.3% during the 4th quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock valued at $6,090,674,000 after purchasing an additional 1,082,285 shares in the last quarter. Capital World Investors grew its stake in Union Pacific by 92.1% during the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after purchasing an additional 9,655,306 shares during the period. Geode Capital Management LLC increased its holdings in Union Pacific by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock worth $3,552,550,000 after purchasing an additional 296,814 shares in the last quarter. Bank of America Corp DE increased its holdings in Union Pacific by 0.4% in the second quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock worth $3,951,497,000 after purchasing an additional 64,492 shares in the last quarter. Finally, Capital Research Global Investors lifted its stake in Union Pacific by 26.0% in the fourth quarter. Capital Research Global Investors now owns 10,980,904 shares of the railroad operator’s stock valued at $2,540,105,000 after buying an additional 2,267,708 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of research analyst reports. Bank of America increased their price target on Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Citizens Jmp started coverage on shares of Union Pacific in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 price objective for the company. UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and boosted their target price for the company from $310.00 to $339.00 in a research report on Wednesday. BMO Capital Markets reissued a “market perform” rating and set a $320.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, July 24th. Finally, Robert W. Baird raised their price target on shares of Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $327.72.

Union Pacific Stock Down 1.2%

NYSE:UNP traded down $3.29 on Friday, hitting $279.19. The stock had a trading volume of 4,852,965 shares, compared to its average volume of 3,030,030. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Union Pacific Corporation has a 52 week low of $215.53 and a 52 week high of $315.99. The business’s fifty day moving average is $294.88 and its 200 day moving average is $272.30. The company has a market cap of $165.86 billion, a PE ratio of 22.61, a P/E/G ratio of 2.80 and a beta of 0.96.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating the consensus estimate of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter in the previous year, the company posted $3.03 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. On average, equities research analysts expect that Union Pacific Corporation will post 13.02 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be paid a dividend of $1.42 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is presently 45.99%.

Union Pacific Profile

Union Pacific Corporation is a transportation company that operates Union Pacific Railroad, one of the largest freight railroad networks in the United States. The company provides rail transportation and logistics services for a broad range of commodities, including agricultural products, automotive goods, chemicals, coal, industrial products, and intermodal shipments.

Union Pacific’s railroad network serves the western two-thirds of the United States, connecting major markets and ports across approximately 23 states.