UMB Bank n.a. Has $27.16 Million Stake in Union Pacific Co. (NYSE:UNP)

UMB Bank n.a. cut its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,946 shares of the railroad operator's stock after selling 1,445 shares during the period. UMB Bank n.a.'s holdings in Union Pacific were worth $27,155,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in shares of Union Pacific during the 4th quarter valued at $25,000. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at $31,000. PrairieView Partners LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $34,000. Strategic Investment Solutions Inc. IL increased its stake in Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares in the last quarter. Finally, Kentucky Trust Co acquired a new stake in Union Pacific during the 4th quarter worth about $40,000. Institutional investors own 80.38% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on UNP shares. Bank of America raised their target price on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a report on Friday, May 16th. UBS Group lowered their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and reduced their target price for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. Redburn Atlantic upgraded Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a report on Wednesday, April 16th. Finally, Wells Fargo & Company reduced their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $257.74.

Union Pacific Stock Performance

UNP stock traded up $0.62 during trading hours on Monday, hitting $224.05. 3,097,206 shares of the stock were exchanged, compared to its average volume of 2,680,312. The company has a 50-day simple moving average of $220.25 and a two-hundred day simple moving average of $232.17. The firm has a market capitalization of $133.87 billion, a P/E ratio of 20.20, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. 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 issued its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company's quarterly revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.69 EPS. On average, analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.39%. Union Pacific's dividend payout ratio is 48.29%.

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.