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

Keb Asset Management LLC reduced its position in shares of Union Pacific Co. (NYSE:UNP) by 10.2% during the fourth 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 period. Keb Asset Management LLC’s holdings in Union Pacific were worth $443,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Compass Financial Services Inc bought a new position in Union Pacific in the 4th quarter valued at $25,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $29,000. Dunhill Financial LLC grew its position in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. Peterson Financial Group Inc. purchased a new stake in Union Pacific during the third quarter worth about $32,000. Finally, PrairieView Partners LLC bought a new stake in Union Pacific in the fourth quarter worth about $34,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $249.84 on Monday. The company’s fifty day simple moving average is $241.04 and its two-hundred day simple moving average is $240.95. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The firm has a market cap 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. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

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, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the previous year, the firm earned $2.71 EPS. As a group, equities analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research reports. Guggenheim increased their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Benchmark upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a report on Friday. They issued a “buy” rating and a $295.00 price objective for the company. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their price objective for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, TD Cowen increased their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research 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 given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.00.

Insiders Place Their Bets

In other news, 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 owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The sale 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 that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

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.