Cullinan Associates Inc. Sells 414 Shares of Union Pacific Co. (NYSE:UNP)

Cullinan Associates Inc. lessened its stake in shares of Union Pacific Co. (NYSE:UNP – Get Rating) by 1.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 33,232 shares of the railroad operator’s stock after selling 414 shares during the period. Cullinan Associates Inc.’s holdings in Union Pacific were worth $6,881,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Tyler Stone Wealth Management lifted its holdings in shares of Union Pacific by 85.5% during the second quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares during the period. Grayhawk Investment Strategies Inc. bought a new position in Union Pacific during the 2nd quarter valued at about $40,000. Chilton Capital Management LLC acquired a new position in Union Pacific in the second quarter valued at about $40,000. Power Corp of Canada bought a new stake in Union Pacific during the first quarter worth about $40,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of Union Pacific during the third quarter worth approximately $44,000. Institutional investors and hedge funds own 77.27% of the company’s stock.

Union Pacific Price Performance

UNP opened at $190.01 on Friday. The stock has a market cap of $116.26 billion, a P/E ratio of 16.93, a P/E/G ratio of 1.68 and a beta of 1.10. Union Pacific Co. has a 12 month low of $183.70 and a 12 month high of $278.94. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 2.60. The company has a fifty day simple moving average of $204.40 and a 200 day simple moving average of $206.84.

Union Pacific (NYSE:UNP – Get Rating) last announced its quarterly earnings results on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.75 by ($0.08). Union Pacific had a return on equity of 58.41% and a net margin of 28.13%. The business had revenue of $6.18 billion during the quarter, compared to the consensus estimate of $6.26 billion. During the same quarter last year, the company earned $2.66 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. On average, research analysts expect that Union Pacific Co. will post 11.46 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Tuesday, February 28th will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Monday, February 27th. This represents a $5.20 annualized dividend and a yield of 2.74%. Union Pacific’s dividend payout ratio (DPR) is currently 46.35%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Barclays raised their price target on Union Pacific from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Wednesday, January 11th. Morgan Stanley upped their price target on shares of Union Pacific from $177.00 to $179.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 11th. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $205.00 to $200.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 4th. Cowen upped their target price on shares of Union Pacific from $213.00 to $222.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 25th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Union Pacific from $215.00 to $207.00 in a report on Wednesday. Thirteen analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $218.60.

Insider Buying and Selling at Union Pacific

In related news, EVP Elizabeth F. Whited sold 2,500 shares of the firm’s stock in a transaction on Monday, February 27th. The shares were sold at an average price of $213.00, for a total transaction of $532,500.00. Following the sale, the executive vice president now directly owns 39,080 shares in the company, valued at $8,324,040. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.28% of the company’s stock.

Union Pacific Company Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. The company was founded in 1969 and is headquartered in Omaha, NE.