American National Bank Sells 424 Shares of Union Pacific Co. (NYSE:UNP)

American National Bank lowered its holdings in Union Pacific Co. (NYSE:UNPFree Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,264 shares of the railroad operator’s stock after selling 424 shares during the period. Union Pacific makes up about 1.4% of American National Bank’s holdings, making the stock its 23rd biggest position. American National Bank’s holdings in Union Pacific were worth $8,662,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Valued Wealth Advisors LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $28,000. Stuart Chaussee & Associates Inc. bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $36,000. USA Financial Formulas increased its holdings in Union Pacific by 219.6% during the 4th quarter. USA Financial Formulas now owns 179 shares of the railroad operator’s stock worth $44,000 after acquiring an additional 123 shares during the period. Fortitude Family Office LLC bought a new stake in Union Pacific during the 4th quarter worth approximately $44,000. Finally, AJOVista LLC bought a new stake in Union Pacific during the 4th quarter worth approximately $100,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on UNP. Evercore ISI upped their target price on shares of Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Benchmark upped their target price on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Susquehanna upped their target price on shares of Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday, April 26th. BMO Capital Markets upped their target price on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Finally, Raymond James reissued a “strong-buy” rating and issued a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a research note on Friday, April 26th. Six research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.61.

Read Our Latest Stock Report on UNP

Union Pacific Trading Down 0.4 %

Shares of NYSE:UNP traded down $0.93 during trading on Friday, reaching $244.97. 2,105,806 shares of the company traded hands, compared to its average volume of 1,993,924. The firm has a market capitalization of $149.46 billion, a price-to-earnings ratio of 23.38, a P/E/G ratio of 2.60 and a beta of 1.06. Union Pacific Co. has a 52-week low of $190.71 and a 52-week high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The business’s fifty day moving average is $241.46 and its 200-day moving average is $238.64.

Union Pacific (NYSE:UNPGet Free Report) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the prior year, the firm posted $2.67 earnings per share. The business’s quarterly revenue was down .4% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Co. will post 11.24 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

About Union Pacific

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNPFree Report).

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

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.