Union Pacific Co. (NYSE:UNP) Shares Sold by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,845 shares of the railroad operator’s stock after selling 48 shares during the quarter. Burns Matteson Capital Management LLC’s holdings in Union Pacific were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of Union Pacific by 0.9% during the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after purchasing an additional 217,780 shares during the period. Geode Capital Management LLC lifted its position in Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after buying an additional 182,620 shares in the last quarter. Franklin Resources Inc. grew its stake in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares during the period. Fisher Asset Management LLC increased its position in shares of Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after acquiring an additional 143,896 shares in the last quarter. Finally, FMR LLC raised its stake in shares of Union Pacific by 0.6% in the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock valued at $1,237,356,000 after acquiring an additional 31,899 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on UNP shares. BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report 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 research note on Wednesday, November 13th. TD Cowen boosted their price target on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Citigroup boosted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Insider Activity

In other news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was 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 of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $242.12 on Monday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The business’s fifty day moving average price is $235.14 and its 200 day moving average price is $240.17. The stock has a market capitalization of $146.79 billion, a PE ratio of 21.83, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 last year, the firm posted $2.71 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 12.01 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.21%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend 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.