First PREMIER Bank lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,907 shares of the railroad operator’s stock after selling 276 shares during the quarter. Union Pacific accounts for about 3.5% of First PREMIER Bank’s holdings, making the stock its 5th biggest holding. First PREMIER Bank’s holdings in Union Pacific were worth $6,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Union Pacific by 2.2% in the fourth quarter. BlackRock Inc. now owns 48,020,051 shares of the railroad operator’s stock valued at $6,637,811,000 after purchasing an additional 1,029,260 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of Union Pacific by 18,524.9% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock valued at $237,000 after purchasing an additional 32,563,028 shares during the period. Morgan Stanley boosted its stake in shares of Union Pacific by 5.7% in the third quarter. Morgan Stanley now owns 15,894,983 shares of the railroad operator’s stock valued at $2,588,181,000 after purchasing an additional 859,164 shares during the period. Geode Capital Management LLC boosted its stake in shares of Union Pacific by 7.7% in the fourth quarter. Geode Capital Management LLC now owns 9,640,019 shares of the railroad operator’s stock valued at $1,330,401,000 after purchasing an additional 688,775 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Union Pacific by 3.4% in the fourth quarter. Northern Trust Corp now owns 8,284,737 shares of the railroad operator’s stock valued at $1,145,199,000 after purchasing an additional 270,547 shares during the period. 79.69% of the stock is owned by institutional investors.

UNP stock opened at $176.66 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.74 and a current ratio of 0.90. Union Pacific Co. has a twelve month low of $126.37 and a twelve month high of $177.77. The company has a market cap of $127.70 billion, a price-to-earnings ratio of 22.33, a P/E/G ratio of 1.87 and a beta of 1.11.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 18th. The railroad operator reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. Union Pacific had a net margin of 26.13% and a return on equity of 27.95%. The company had revenue of $5.38 billion for the quarter, compared to analysts’ expectations of $5.51 billion. During the same quarter last year, the company earned $1.68 earnings per share. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. As a group, analysts predict that Union Pacific Co. will post 8.98 earnings per share for the current year.

Union Pacific announced that its board has authorized a share repurchase program on Thursday, February 7th that authorizes the company to buyback 150,000,000 outstanding shares. This buyback authorization authorizes the railroad operator to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 28th were issued a dividend of $0.88 per share. The ex-dividend date was Wednesday, February 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.99%. This is a boost from Union Pacific’s previous quarterly dividend of $0.80. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.

In other Union Pacific news, EVP Robert M. Knight, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $170.01, for a total transaction of $1,700,100.00. Following the sale, the executive vice president now owns 94,943 shares of the company’s stock, valued at $16,141,259.43. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Todd M. Rynaski sold 8,802 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $170.00, for a total transaction of $1,496,340.00. Following the sale, the vice president now directly owns 19,731 shares in the company, valued at approximately $3,354,270. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by company insiders.

Several analysts recently weighed in on UNP shares. Cowen reaffirmed a “buy” rating and issued a $187.00 target price on shares of Union Pacific in a report on Thursday. ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a report on Friday. Citigroup raised their target price on shares of Union Pacific from $180.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, April 4th. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and reduced their target price for the company from $193.00 to $182.00 in a report on Tuesday, March 19th. Finally, Zacks Investment Research cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Wednesday, March 27th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $170.63.

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Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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

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