Bremer Bank National Association Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

Bremer Bank National Association grew its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 9.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 18,731 shares of the railroad operator's stock after purchasing an additional 1,649 shares during the period. Bremer Bank National Association's holdings in Union Pacific were worth $4,425,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. Whipplewood Advisors LLC increased its stake in Union Pacific by 4.2% in the 1st quarter. Whipplewood Advisors LLC now owns 1,865 shares of the railroad operator's stock valued at $423,000 after buying an additional 75 shares during the last quarter. RFG Advisory LLC grew its holdings in shares of Union Pacific by 68.1% in the first quarter. RFG Advisory LLC now owns 11,148 shares of the railroad operator's stock valued at $2,634,000 after acquiring an additional 4,518 shares in the last quarter. Capital Asset Advisory Services LLC lifted its holdings in Union Pacific by 17.7% during the first quarter. Capital Asset Advisory Services LLC now owns 12,210 shares of the railroad operator's stock worth $2,912,000 after acquiring an additional 1,837 shares during the period. Merit Financial Group LLC boosted its position in Union Pacific by 7.4% in the first quarter. Merit Financial Group LLC now owns 25,207 shares of the railroad operator's stock worth $5,955,000 after purchasing an additional 1,732 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. grew its stake in Union Pacific by 30.6% in the 1st quarter. O Keefe Stevens Advisory Inc. now owns 23,132 shares of the railroad operator's stock valued at $5,465,000 after purchasing an additional 5,426 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on UNP. Wells Fargo & Company cut their price target on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Stephens dropped their target price on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. UBS Group dropped their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Finally, Raymond James reissued a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $257.74.

Union Pacific Price Performance

Shares of UNP traded down $0.87 during mid-day trading on Wednesday, reaching $220.91. 3,976,792 shares of the stock traded hands, compared to its average volume of 2,670,245. The company has a market cap of $131.99 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The firm has a fifty day moving average price of $221.07 and a 200 day moving average price of $232.47. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last posted 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 analysts' expectations of $6.11 billion. During the same quarter in the previous year, the firm earned $2.69 earnings per share. Union Pacific's quarterly revenue was down .1% compared to the same quarter last year. As a group, equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

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

About Union Pacific

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.