RNC Capital Management LLC Has $1.31 Million Stock Position in Union Pacific Co. (NYSE:UNP)

RNC Capital Management LLC reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,350 shares of the railroad operator’s stock after selling 120 shares during the quarter. RNC Capital Management LLC’s holdings in Union Pacific were worth $1,314,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Columbia Trust Co 01012016 raised its position in shares of Union Pacific by 9.6% during the fourth quarter. Columbia Trust Co 01012016 now owns 3,577 shares of the railroad operator’s stock worth $879,000 after acquiring an additional 312 shares during the last quarter. Schechter Investment Advisors LLC grew its stake in Union Pacific by 2.5% during the fourth quarter. Schechter Investment Advisors LLC now owns 4,945 shares of the railroad operator’s stock worth $1,215,000 after purchasing an additional 122 shares during the period. Tectonic Advisors LLC grew its stake in Union Pacific by 2.3% during the fourth quarter. Tectonic Advisors LLC now owns 3,227 shares of the railroad operator’s stock worth $793,000 after purchasing an additional 73 shares during the period. Bar Harbor Wealth Management grew its stake in Union Pacific by 3.9% during the fourth quarter. Bar Harbor Wealth Management now owns 7,369 shares of the railroad operator’s stock worth $1,810,000 after purchasing an additional 274 shares during the period. Finally, Heartwood Wealth Advisors LLC grew its stake in Union Pacific by 28.3% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 5,509 shares of the railroad operator’s stock worth $1,353,000 after purchasing an additional 1,216 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $244.63 on Thursday. The business’s fifty day simple moving average is $247.48 and its 200 day simple moving average is $230.40. The firm has a market capitalization of $149.17 billion, a P/E ratio of 23.39, a price-to-earnings-growth ratio of 2.62 and a beta of 1.07. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business’s revenue was down .3% on a year-over-year basis. During the same period in the previous year, the company posted $2.67 earnings per share. As a group, analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Thursday, February 29th will be given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 49.71%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.28% of the stock is owned by company insiders.

Analyst Ratings Changes

UNP has been the subject of several recent analyst reports. BMO Capital Markets raised their target price on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Monday, March 18th. Sanford C. Bernstein raised Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price for the company in a research note on Monday, January 22nd. Benchmark reissued a “buy” rating and issued a $260.00 price objective on shares of Union Pacific in a research note on Friday, January 26th. Finally, UBS Group raised their price objective on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $249.67.

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.