Union Pacific Co. (UNP) Shares Bought by Bremer Trust National Association
Bremer Trust National Association raised its position in shares of Union Pacific Co. (NYSE:UNP) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,488 shares of the railroad operator’s stock after buying an additional 475 shares during the period. Bremer Trust National Association’s holdings in Union Pacific were worth $2,376,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. OMERS ADMINISTRATION Corp raised its stake in shares of Union Pacific by 15.5% in the second quarter. OMERS ADMINISTRATION Corp now owns 1,008,200 shares of the railroad operator’s stock valued at $109,803,000 after acquiring an additional 134,950 shares in the last quarter. Community Bank N.A. raised its stake in shares of Union Pacific by 3.0% in the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after acquiring an additional 45 shares in the last quarter. Northeast Investment Management raised its stake in shares of Union Pacific by 2.8% in the second quarter. Northeast Investment Management now owns 278,258 shares of the railroad operator’s stock valued at $30,305,000 after acquiring an additional 7,663 shares in the last quarter. Barings LLC raised its stake in shares of Union Pacific by 357.1% in the first quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock valued at $5,104,000 after acquiring an additional 37,643 shares in the last quarter. Finally, Greystone Managed Investments Inc. raised its stake in shares of Union Pacific by 8.9% in the second quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock valued at $9,161,000 after acquiring an additional 6,890 shares in the last quarter. Institutional investors and hedge funds own 78.43% of the company’s stock.
Union Pacific Co. (NYSE:UNP) opened at $134.47 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. Union Pacific Co. has a twelve month low of $101.06 and a twelve month high of $135.30. The stock has a market capitalization of $106,440.00, a PE ratio of 23.80, a P/E/G ratio of 2.17 and a beta of 0.90.
Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 24.71% and a net margin of 22.08%. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same quarter last year, the company posted $1.36 earnings per share. The business’s revenue was up 4.5% on a year-over-year basis. analysts expect that Union Pacific Co. will post 5.78 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be issued a dividend of $0.665 per share. The ex-dividend date is Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.98%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio (DPR) is currently 47.08%.
Several analysts have recently issued reports on UNP shares. Argus increased their price objective on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. BMO Capital Markets restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research note on Wednesday, November 1st. Barclays restated a “buy” rating and issued a $150.00 price target on shares of Union Pacific in a research note on Wednesday, December 13th. Finally, Morgan Stanley cut Union Pacific from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $102.00 to $100.00 in a research note on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $120.00.
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About Union Pacific
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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