Security National Bank Purchases 160 Shares of Union Pacific Co. (NYSE:UNP)

Security National Bank grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 10,305 shares of the railroad operator’s stock after purchasing an additional 160 shares during the period. Security National Bank’s holdings in Union Pacific were worth $2,534,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Union Pacific by 27.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 7,884 shares of the railroad operator’s stock worth $1,606,000 after buying an additional 1,676 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Union Pacific in the 3rd quarter worth approximately $252,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Union Pacific by 37.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,460 shares of the railroad operator’s stock worth $297,000 after buying an additional 396 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Union Pacific by 3.3% in the third quarter. Parkside Financial Bank & Trust now owns 3,847 shares of the railroad operator’s stock valued at $783,000 after purchasing an additional 123 shares during the last quarter. Finally, Operose Advisors LLC lifted its stake in Union Pacific by 373.9% in the third quarter. Operose Advisors LLC now owns 564 shares of the railroad operator’s stock valued at $115,000 after purchasing an additional 445 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and upped their price objective for the company from $248.00 to $267.00 in a research note on Friday, May 3rd. JPMorgan Chase & Co. upped their price objective on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. TD Cowen upped their price objective on Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Susquehanna dropped their target price on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Raymond James restated a “strong-buy” rating and set a $280.00 target price (up previously from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific Stock Performance

Shares of Union Pacific stock traded up $0.04 on Wednesday, hitting $224.10. 870,802 shares of the company’s stock were exchanged, compared to its average volume of 2,301,084. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66. The company has a 50-day simple moving average of $233.66 and a 200-day simple moving average of $240.52. The stock has a market capitalization of $136.73 billion, a PE ratio of 21.31, a PEG ratio of 1.82 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results 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 net margin of 26.52% and a return on equity of 44.34%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the previous year, the company earned $2.67 EPS. Union Pacific’s revenue for the quarter was down .4% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 11.25 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s payout ratio is currently 49.62%.

Union Pacific Company Profile

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.