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

UMB Bank n.a. reduced its holdings in Union Pacific Co. (NYSE:UNP) by 1.2% in the 1st quarter, according to its most recent disclosure 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 quarter. UMB Bank n.a.’s holdings in Union Pacific were worth $27,155,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Norges Bank acquired a new stake in Union Pacific during the 4th quarter worth approximately $1,927,377,000. Raymond James Financial Inc. acquired a new stake in shares of Union Pacific during the fourth quarter worth $1,035,905,000. GAMMA Investing LLC lifted its position in Union Pacific by 27,502.8% in the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock valued at $588,510,000 after acquiring an additional 2,482,126 shares in the last quarter. Geode Capital Management LLC boosted its stake in Union Pacific by 12.6% in the 4th 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 boosted its stake in Union Pacific by 14.3% in 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 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

A number of analysts have recently commented on the company. Stephens cut their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Susquehanna cut their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Friday, April 25th. Jefferies Financial Group decreased their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. Raymond James reissued a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 target price for the company. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.74.

Union Pacific Stock Up 1.2%

UNP stock opened at $223.39 on Friday. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a market capitalization of $133.47 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.15 and a beta of 1.05. The business’s fifty day moving average price is $220.25 and its two-hundred day moving average price is $232.22.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share 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 during the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the firm earned $2.69 EPS. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared 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. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is currently 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.