Callan Capital LLC Cuts Stock Position in Union Pacific Co. (NYSE:UNP)

Callan Capital LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 17.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,502 shares of the railroad operator’s stock after selling 319 shares during the period. Callan Capital LLC’s holdings in Union Pacific were worth $343,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Redmond Asset Management LLC increased its stake in Union Pacific by 38.2% during the fourth quarter. Redmond Asset Management LLC now owns 1,592 shares of the railroad operator’s stock worth $363,000 after purchasing an additional 440 shares during the period. Navellier & Associates Inc. increased its stake in shares of Union Pacific by 21.2% during the fourth quarter. Navellier & Associates Inc. now owns 7,843 shares of the railroad operator’s stock worth $1,789,000 after buying an additional 1,370 shares during the period. Deseret Mutual Benefit Administrators increased its stake in shares of Union Pacific by 1.2% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 4,272 shares of the railroad operator’s stock worth $974,000 after buying an additional 52 shares during the period. Dividend Assets Capital LLC increased its stake in shares of Union Pacific by 2.5% during the fourth quarter. Dividend Assets Capital LLC now owns 37,874 shares of the railroad operator’s stock worth $8,637,000 after buying an additional 924 shares during the period. Finally, Drum Hill Capital LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $675,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, President Elizabeth F. Whited sold 7,500 shares of the company’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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

UNP stock opened at $245.43 on Friday. The company has a market capitalization of $148.31 billion, a P/E ratio of 22.13, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The business has a 50 day simple moving average of $237.68 and a 200-day simple moving average of $240.70. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 period in the prior year, the company earned $2.71 earnings per share. As a group, equities analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent research reports. Raymond James restated 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. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Citigroup upped their target price on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. BMO Capital Markets upped their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Finally, Stifel Nicolaus upped their target price on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $261.40.

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.