Keeler Thomas Management LLC Sells 122 Shares of Union Pacific Co. (NYSE:UNP)

Keeler Thomas Management LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,011 shares of the railroad operator’s stock after selling 122 shares during the quarter. Union Pacific makes up approximately 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 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Commonwealth Retirement Investments LLC raised its position in Union Pacific by 2.9% during the 4th quarter. Commonwealth Retirement Investments LLC now owns 11,103 shares of the railroad operator’s stock valued at $2,532,000 after purchasing an additional 317 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Union Pacific by 2.5% during the 4th quarter. Bank of New York Mellon Corp now owns 4,821,979 shares of the railroad operator’s stock worth $1,099,604,000 after buying an additional 118,999 shares in the last quarter. Hendley & Co. Inc. increased its stake in shares of Union Pacific by 87.4% during the fourth quarter. Hendley & Co. Inc. now owns 38,511 shares of the railroad operator’s stock valued at $8,782,000 after buying an additional 17,960 shares during the period. Mengis Capital Management Inc. raised its holdings in shares of Union Pacific by 4.6% in the fourth quarter. Mengis Capital Management Inc. now owns 2,850 shares of the railroad operator’s stock valued at $650,000 after acquiring an additional 125 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co lifted its stake in Union Pacific by 18.4% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 12,056 shares of the railroad operator’s stock worth $2,749,000 after acquiring an additional 1,872 shares during the period. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. BMO Capital Markets raised their target price on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and cut their price objective for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Guggenheim upped their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Finally, Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $261.40.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, 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 transaction of $1,636,740.00. Following 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated 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 sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

Union Pacific Trading Down 1.3 %

Shares of Union Pacific stock opened at $242.39 on Tuesday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a market cap of $146.47 billion, a PE ratio of 21.86, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The firm has a fifty day moving average price of $237.87 and a 200 day moving average price of $240.74.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating 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 quarter in the previous year, the company earned $2.71 earnings per share. Equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.21%. Union Pacific’s dividend payout ratio is currently 48.33%.

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.