Union Pacific Co. (NYSE:UNP) Stock Holdings Cut by RNC Capital Management LLC

RNC Capital Management LLC reduced its position in shares of Union Pacific Co. (NYSE:UNP) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,392 shares of the railroad operator’s stock after selling 452 shares during the quarter. RNC Capital Management LLC’s holdings in Union Pacific were worth $1,230,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Brookstone Capital Management boosted its stake in Union Pacific by 1.0% during the 3rd quarter. Brookstone Capital Management now owns 19,239 shares of the railroad operator’s stock valued at $4,742,000 after purchasing an additional 196 shares in the last quarter. Sovereign Financial Group Inc. bought a new stake in shares of Union Pacific during the 3rd quarter worth $210,000. Marcum Wealth LLC boosted its stake in shares of Union Pacific by 4.4% during the 3rd quarter. Marcum Wealth LLC now owns 2,795 shares of the railroad operator’s stock worth $689,000 after acquiring an additional 118 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of Union Pacific by 10.8% during the 3rd quarter. Wedmont Private Capital now owns 4,743 shares of the railroad operator’s stock worth $1,123,000 after acquiring an additional 462 shares in the last quarter. Finally, Sanibel Captiva Trust Company Inc. boosted its stake in shares of Union Pacific by 1.8% during the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 5,602 shares of the railroad operator’s stock worth $1,381,000 after acquiring an additional 100 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The shares were 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 of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

UNP has been the subject of several research reports. Citigroup raised their price objective on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Barclays increased their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Wells Fargo & Company reduced their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. JPMorgan Chase & Co. reduced their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and cut their price objective for the stock from $265.00 to $200.00 in a report on Monday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Trading Down 0.4 %

Shares of NYSE:UNP opened at $243.61 on Friday. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The stock’s 50-day moving average is $235.23 and its 200-day moving average is $240.15. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market cap of $147.69 billion, a P/E ratio of 21.97, a P/E/G ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the previous year, the company earned $2.71 earnings per share. Equities research analysts predict that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.20%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

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.