American National Bank & Trust Has $11.86 Million Holdings in Union Pacific Co. (NYSE:UNP)

American National Bank & Trust increased its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 15.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,206 shares of the railroad operator's stock after buying an additional 6,547 shares during the quarter. Union Pacific comprises approximately 1.3% of American National Bank & Trust's investment portfolio, making the stock its 25th largest holding. American National Bank & Trust's holdings in Union Pacific were worth $11,861,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Union Pacific during the 4th quarter valued at approximately $1,927,377,000. Raymond James Financial Inc. purchased a new stake in Union Pacific during the fourth quarter worth approximately $1,035,905,000. GAMMA Investing LLC increased its stake in Union Pacific by 27,502.8% in the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock valued at $588,510,000 after purchasing an additional 2,482,126 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock worth $3,282,305,000 after purchasing an additional 1,616,895 shares during the period. Finally, Capital Research Global Investors lifted its holdings in shares of Union Pacific by 14.3% during the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on UNP. Stephens cut their price objective on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Barclays decreased their price target on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research note on Friday, April 25th. Raymond James reaffirmed a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. UBS Group dropped their target price on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a report on Friday, March 7th. They set a "buy" rating and a $295.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $257.74.

Union Pacific Trading Down 0.2%

Shares of UNP traded down $0.34 during mid-day trading on Thursday, reaching $220.53. 1,022,389 shares of the company were exchanged, compared to its average volume of 2,667,280. The business has a 50 day simple moving average of $220.85 and a two-hundred day simple moving average of $232.39. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The stock has a market capitalization of $131.76 billion, a PE ratio of 19.89, a PEG ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the business earned $2.69 EPS. The company's revenue for the quarter was down .1% on a year-over-year basis. On average, analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.43%. Union Pacific's dividend payout ratio is currently 48.29%.

Union Pacific 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.