First National Bank Sioux Falls Buys 600 Shares of Union Pacific Corporation (UNP)

First National Bank Sioux Falls raised its stake in shares of Union Pacific Corporation (NYSE:UNP) by 5.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,614 shares of the railroad operator’s stock after purchasing an additional 600 shares during the quarter. Union Pacific Corporation accounts for about 5.2% of First National Bank Sioux Falls’ holdings, making the stock its 3rd biggest holding. First National Bank Sioux Falls’ holdings in Union Pacific Corporation were worth $1,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in UNP. AQR Capital Management LLC lifted its holdings in shares of Union Pacific Corporation by 212.5% in the 1st quarter. AQR Capital Management LLC now owns 2,387,750 shares of the railroad operator’s stock worth $252,911,000 after acquiring an additional 1,623,701 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Union Pacific Corporation by 102.4% in the 1st quarter. American Century Companies Inc. now owns 2,450,688 shares of the railroad operator’s stock worth $259,577,000 after acquiring an additional 1,239,636 shares during the last quarter. Harbour Capital Advisors LLC lifted its holdings in shares of Union Pacific Corporation by 11,520.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,127,981 shares of the railroad operator’s stock worth $10,357,000 after acquiring an additional 1,118,274 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Union Pacific Corporation by 82.9% in the 1st quarter. Prudential Financial Inc. now owns 2,223,820 shares of the railroad operator’s stock worth $235,547,000 after acquiring an additional 1,007,720 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp bought a new stake in shares of Union Pacific Corporation in the 1st quarter worth approximately $92,495,000. Institutional investors and hedge funds own 78.38% of the company’s stock.

Shares of Union Pacific Corporation (UNP) opened at 113.95 on Friday. The stock has a 50 day moving average of $109.95 and a 200-day moving average of $108.16. The stock has a market capitalization of $91.20 billion, a P/E ratio of 20.67 and a beta of 0.84. Union Pacific Corporation has a 52-week low of $87.06 and a 52-week high of $116.93.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same quarter last year, the firm posted $1.17 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post $5.77 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Thursday, August 31st were paid a $0.605 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $2.42 annualized dividend and a yield of 2.12%. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.

A number of brokerages have recently weighed in on UNP. Stifel Nicolaus boosted their price objective on shares of Union Pacific Corporation from $118.00 to $120.00 and gave the stock a “hold” rating in a report on Friday, August 18th. Royal Bank Of Canada restated a “hold” rating and issued a $115.00 price objective on shares of Union Pacific Corporation in a report on Friday, August 25th. BMO Capital Markets restated a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a report on Friday, September 15th. Citigroup Inc. lowered shares of Union Pacific Corporation from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a report on Wednesday. Finally, BidaskClub lowered shares of Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $113.26.

COPYRIGHT VIOLATION NOTICE: This report was published by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this report on another website, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The original version of this report can be viewed at https://transcriptdaily.com/2017/10/08/first-national-bank-sioux-falls-buys-600-shares-of-union-pacific-corporation-unp.html.

About Union Pacific Corporation

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.

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 Corporation (NYSE:UNP).

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

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

Leave a Reply