Union Pacific Corporation (NYSE:UNP) Stake Increased by Heartland Bank & Trust Co

Heartland Bank & Trust Co boosted its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 124.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,785 shares of the railroad operator's stock after acquiring an additional 2,096 shares during the period. Heartland Bank & Trust Co's holdings in Union Pacific were worth $894,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in UNP. Norges Bank acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $1,927,377,000. Raymond James Financial Inc. bought a new stake in Union Pacific in the fourth quarter valued at about $1,035,905,000. GAMMA Investing LLC increased its holdings 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 buying an additional 2,482,126 shares during the last quarter. Geode Capital Management LLC raised its stake in 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 valued at $3,282,305,000 after buying an additional 1,616,895 shares in the last quarter. Finally, Capital Research Global Investors lifted its holdings in Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after buying an additional 1,298,178 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Up 0.2%

Shares of Union Pacific stock opened at $222.35 on Friday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The business's fifty day moving average price is $221.26 and its two-hundred day moving average price is $230.91. The company has a market capitalization of $132.85 billion, a P/E ratio of 20.03, a PEG ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share 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 the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. Union Pacific's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.69 earnings per share. As a group, research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio is currently 48.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Barclays lowered their price target on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a report on Friday, April 25th. Susquehanna dropped their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. Stifel Nicolaus reduced their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and lowered their price objective for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Finally, Argus upgraded shares of Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $257.74.

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.

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