Union Pacific Co. (NYSE:UNP) Shares Sold by Kendall Capital Management

Kendall Capital Management decreased its holdings in Union Pacific Co. (NYSE:UNP) by 6.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,417 shares of the railroad operator’s stock after selling 100 shares during the quarter. Kendall Capital Management’s holdings in Union Pacific were worth $323,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Roble Belko & Company Inc lifted its stake in shares of Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after acquiring an additional 45 shares in the last quarter. Pflug Koory LLC increased its holdings in Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after buying an additional 45 shares during the last quarter. Baron Wealth Management LLC increased its holdings in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after buying an additional 45 shares during the last quarter. Regatta Capital Group LLC increased its holdings in Union Pacific by 2.8% in the fourth quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock valued at $381,000 after buying an additional 46 shares during the last quarter. Finally, Dakota Community Bank & Trust NA increased its holdings in Union Pacific by 2.8% in the fourth quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock valued at $407,000 after buying an additional 49 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several research analyst reports. TD Cowen boosted their price objective on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company lowered their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus boosted their price objective on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Citigroup boosted their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. Finally, Benchmark upped their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $249.84 on Monday. The firm has a market capitalization of $150.98 billion, a price-to-earnings ratio of 22.53, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The business has a 50 day simple moving average of $241.04 and a 200 day simple moving average of $240.95.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the business earned $2.71 earnings per share. On average, equities research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Union Pacific 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.