Weik Capital Management Sells 45 Shares of Union Pacific Co. (NYSE:UNP)

Weik Capital Management reduced its position in shares of Union Pacific Co. (NYSE:UNP) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,898 shares of the railroad operator’s stock after selling 45 shares during the period. Weik Capital Management’s holdings in Union Pacific were worth $1,117,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Palogic Value Management L.P. grew its position in shares of Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after purchasing an additional 42 shares during the last quarter. Roble Belko & Company Inc grew its holdings in Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after buying an additional 45 shares during the last quarter. Pflug Koory LLC increased its position in Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares during the period. Baron Wealth Management LLC lifted its holdings in shares of Union Pacific by 3.3% during the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after buying an additional 45 shares during the last quarter. Finally, Mystic Asset Management Inc. boosted its position in shares of Union Pacific by 2.0% in the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after acquiring an additional 45 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.8 %

NYSE UNP opened at $236.07 on Friday. The stock has a market capitalization of $142.65 billion, a P/E ratio of 21.29, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock has a fifty day moving average of $243.15 and a 200-day moving average of $239.69.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates 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 earned $2.71 earnings per share. On average, equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.27%. Union Pacific’s dividend payout ratio is currently 48.33%.

Analysts Set New Price Targets

UNP has been the subject of several research analyst reports. Raymond James reiterated a “strong-buy” rating and set a $285.00 target price (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Benchmark increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Robert W. Baird boosted their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. TD Cowen upped their price target on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Stifel Nicolaus lifted their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $262.76.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated Monday, January 27th. The shares were 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 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. 0.28% of the stock is currently owned by company insiders.

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.