Stock Yards Bank & Trust Co. Sells 308 Shares of Union Pacific Co. (NYSE:UNP)

Stock Yards Bank & Trust Co. reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 17,412 shares of the railroad operator’s stock after selling 308 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Union Pacific were worth $3,971,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of UNP. World Investment Advisors LLC lifted its position in Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after buying an additional 4,939 shares in the last quarter. Maj Invest Holding A S grew its stake in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after acquiring an additional 2,202 shares during the period. Border to Coast Pensions Partnership Ltd increased 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 worth $63,185,000 after acquiring an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic raised its stake in Union Pacific by 61.5% during 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 period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction dated 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 transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

Union Pacific Stock Down 0.8 %

Shares of NYSE:UNP opened at $247.85 on Monday. The company has a market cap of $150.26 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. The company has a 50-day moving average price of $235.41 and a 200 day moving average price of $240.14.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) 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 period last year, the business posted $2.71 earnings per share. As a group, equities research analysts predict that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s payout ratio is 48.33%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on UNP shares. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Wells Fargo & Company lowered their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Royal Bank of Canada cut their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Guggenheim boosted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $263.30.

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.