First National Bank of Omaha Buys Shares of 40,236 Union Pacific Corporation $UNP

First National Bank of Omaha purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 40,236 shares of the railroad operator’s stock, valued at approximately $9,511,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Howard Hughes Medical Institute purchased a new stake in Union Pacific during the second quarter worth approximately $30,000. Financial Gravity Companies Inc. acquired a new stake in Union Pacific during the second quarter worth approximately $31,000. Total Investment Management Inc. purchased a new stake in shares of Union Pacific during the 2nd quarter worth approximately $31,000. Access Investment Management LLC acquired a new position in shares of Union Pacific in the 2nd quarter valued at $32,000. Finally, Sagard Holdings Management Inc. purchased a new position in shares of Union Pacific in the 2nd quarter valued at $33,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.8%

Shares of Union Pacific stock opened at $262.64 on Wednesday. The firm has a market cap of $155.85 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 2.84 and a beta of 0.98. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $265.37. The company’s 50-day simple moving average is $237.56 and its 200-day simple moving average is $229.22. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. During the same quarter in the previous year, the business earned $2.91 EPS. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. As a group, equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of research reports. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. TD Cowen cut their price target on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Finally, BMO Capital Markets set a $255.00 price objective on Union Pacific in a report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $258.32.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.