Security National Bank of Sioux City Iowa IA Sells 105 Shares of Union Pacific Corporation $UNP

Security National Bank of Sioux City Iowa IA lowered its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,520 shares of the railroad operator’s stock after selling 105 shares during the quarter. Union Pacific accounts for about 1.5% of Security National Bank of Sioux City Iowa IA’s portfolio, making the stock its 23rd biggest position. Security National Bank of Sioux City Iowa IA’s holdings in Union Pacific were worth $2,013,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Highline Wealth Partners LLC raised its holdings in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after buying an additional 59 shares during the period. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific during the first quarter worth $32,000. WPG Advisers LLC acquired a new stake in shares of Union Pacific during the first quarter worth $33,000. Cornerstone Planning Group LLC lifted its position in Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. Finally, IMA Advisory Services Inc. acquired a new position in Union Pacific in the 1st quarter worth $43,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.6%

NYSE UNP opened at $215.91 on Wednesday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The stock has a 50 day moving average of $225.75 and a 200-day moving average of $226.53. The company has a market cap of $128.05 billion, a PE ratio of 18.76, a PEG ratio of 2.11 and a beta of 1.03.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same period in the prior year, the firm posted $2.74 earnings per share. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a dividend of $1.38 per share. The ex-dividend date is Friday, August 29th. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.6%. Union Pacific’s dividend payout ratio is 47.96%.

Wall Street Analyst Weigh In

Several research firms have issued reports on UNP. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Robert W. Baird began coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 target price on the stock. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Finally, Citigroup cut shares of Union Pacific from a “strong-buy” rating to a “hold” rating and reduced their target price for the stock from $270.00 to $250.00 in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.21.

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.