Keeler Thomas Management LLC Reduces Position in Union Pacific Co. (NYSE:UNP)

Keeler Thomas Management LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 0.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 23,011 shares of the railroad operator’s stock after selling 122 shares during the quarter. Union Pacific makes up 1.9% of Keeler Thomas Management LLC’s holdings, making the stock its 22nd biggest holding. Keeler Thomas Management LLC’s holdings in Union Pacific were worth $5,249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of UNP. World Investment Advisors LLC boosted its holdings in shares of Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares during the last quarter. abrdn plc lifted its position in Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd grew its holdings in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after buying an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic increased its stake in shares of Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after acquiring an additional 4,000 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on UNP. Wells Fargo & Company dropped their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Citigroup increased their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price target for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. TD Cowen upped 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. Finally, BMO Capital Markets raised their target price on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $261.40.

Insider Transactions at Union Pacific

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

Union Pacific Trading Down 1.3 %

Shares of UNP stock opened at $242.39 on Tuesday. The stock has a market capitalization of $146.47 billion, a P/E ratio of 21.86, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The company has a 50 day moving average price of $237.87 and a 200 day moving average price of $240.74.

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 business earned $2.71 earnings per share. Equities research analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal 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 paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio 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.