Union Pacific Co. (NYSE:UNP) Shares Bought by American National Bank

American National Bank raised its position in Union Pacific Co. (NYSE:UNP) by 13.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 43,806 shares of the railroad operator’s stock after buying an additional 5,195 shares during the period. Union Pacific comprises about 1.5% of American National Bank’s portfolio, making the stock its 21st largest holding. American National Bank’s holdings in Union Pacific were worth $8,964,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC lifted its stake in Union Pacific by 90,390.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock worth $2,836,353,000 after purchasing an additional 13,682,419 shares in the last quarter. Geode Capital Management LLC raised its position in Union Pacific by 2.0% in the first quarter. Geode Capital Management LLC now owns 11,164,765 shares of the railroad operator’s stock valued at $2,242,636,000 after purchasing an additional 223,827 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Union Pacific by 10.1% in the first quarter. Ameriprise Financial Inc. now owns 9,400,232 shares of the railroad operator’s stock worth $1,891,819,000 after acquiring an additional 864,127 shares in the last quarter. Morgan Stanley grew its stake in shares of Union Pacific by 10.9% in the fourth quarter. Morgan Stanley now owns 8,983,932 shares of the railroad operator’s stock worth $1,860,303,000 after acquiring an additional 883,963 shares in the last quarter. Finally, Soroban Capital Partners LP grew its stake in shares of Union Pacific by 77.5% in the first quarter. Soroban Capital Partners LP now owns 8,260,185 shares of the railroad operator’s stock worth $1,662,445,000 after acquiring an additional 3,605,266 shares in the last quarter. 77.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Union Pacific news, EVP Kenyatta G. Rocker sold 8,700 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the transaction, the executive vice president now owns 42,061 shares of the company’s stock, valued at $9,355,628.23. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Union Pacific news, CFO Jennifer L. Hamann sold 1,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total transaction of $222,830.00. Following the transaction, the chief financial officer now owns 99,378 shares of the company’s stock, valued at $22,144,399.74. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Kenyatta G. Rocker sold 8,700 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the transaction, the executive vice president now directly owns 42,061 shares in the company, valued at approximately $9,355,628.23. The disclosure for this sale can be found here. 0.30% of the stock is owned by company insiders.

Union Pacific Stock Down 0.1 %

UNP stock opened at $213.02 on Tuesday. The company’s 50 day simple moving average is $220.88 and its 200-day simple moving average is $206.44. The firm has a market capitalization of $129.83 billion, a PE ratio of 19.44, a P/E/G ratio of 2.03 and a beta of 1.11. Union Pacific Co. has a 12 month low of $183.69 and a 12 month high of $240.48. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.71 and a quick ratio of 0.57.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Wednesday, July 26th. The railroad operator reported $2.57 EPS for the quarter, missing the consensus estimate of $2.75 by ($0.18). Union Pacific had a net margin of 27.18% and a return on equity of 55.03%. The business had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter in the prior year, the company earned $2.93 earnings per share. The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. Equities analysts expect that Union Pacific Co. will post 10.5 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $5.20 dividend on an annualized basis and a yield of 2.44%. Union Pacific’s dividend payout ratio (DPR) is currently 47.45%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Robert W. Baird boosted their target price on shares of Union Pacific from $228.00 to $260.00 in a research note on Thursday, July 27th. Benchmark upped their price objective on shares of Union Pacific from $230.00 to $264.00 in a research note on Thursday, July 27th. Stephens upped their price objective on shares of Union Pacific from $232.00 to $257.00 and gave the company an “overweight” rating in a research note on Thursday, July 27th. Wells Fargo & Company upped their price objective on shares of Union Pacific from $200.00 to $245.00 in a research note on Thursday, July 27th. Finally, Atlantic Securities cut shares of Union Pacific from an “overweight” rating to a “neutral” rating and set a $244.00 target price for the company. in a report on Thursday, July 27th. Twelve research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $233.97.

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.