Keb Asset Management LLC Sells 222 Shares of Union Pacific Co. (NYSE:UNP)

Keb Asset Management LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 10.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,944 shares of the railroad operator’s stock after selling 222 shares during the quarter. Keb Asset Management LLC’s holdings in Union Pacific were worth $443,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of UNP. Howard Capital Management Group LLC boosted its holdings in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after acquiring an additional 403 shares during the last quarter. Impax Asset Management Group plc boosted its holdings in Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after purchasing an additional 520,536 shares during the last quarter. Fiera Capital Corp boosted its holdings in Union Pacific by 7.2% in the third quarter. Fiera Capital Corp now owns 14,892 shares of the railroad operator’s stock worth $3,671,000 after purchasing an additional 995 shares during the last quarter. Leavell Investment Management Inc. grew its position in Union Pacific by 0.7% in the 3rd quarter. Leavell Investment Management Inc. now owns 9,228 shares of the railroad operator’s stock worth $2,274,000 after purchasing an additional 60 shares during the period. Finally, CWA Asset Management Group LLC purchased a new stake in Union Pacific during the 3rd quarter valued at $1,865,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Raymond James restated a “strong-buy” rating and issued a $285.00 price target (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Citigroup boosted their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Guggenheim upped their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Stifel Nicolaus raised their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Benchmark upped their target price on shares of 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 assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $263.00.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $249.84 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock’s fifty day moving average is $241.04 and its two-hundred day moving average is $240.95. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. The company has a market capitalization of $150.98 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate 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 prior year, the firm posted $2.71 EPS. As a group, analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a $1.34 dividend. 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 payout ratio is 48.33%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred 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 directly owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Union Pacific Company 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.