Union Pacific Co. (NYSE:UNP) Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 207,756 shares of the railroad operator’s stock after selling 11,108 shares during the period. Cullen Frost Bankers Inc.’s holdings in Union Pacific were worth $51,029,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. BluePath Capital Management LLC purchased a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $25,000. Valued Wealth Advisors LLC acquired a new stake in Union Pacific during the 4th quarter worth about $28,000. Stuart Chaussee & Associates Inc. purchased a new position in Union Pacific during the 4th quarter valued at about $36,000. Fortitude Family Office LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at about $44,000. Finally, AJOVista LLC acquired a new position in Union Pacific in the 4th quarter valued at approximately $100,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Royal Bank of Canada cut their price objective on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a report on Friday, January 26th. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target on the stock in a research note on Monday, January 22nd. StockNews.com raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. boosted their price target on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Finally, BMO Capital Markets upped their target price on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Six analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.61.

Union Pacific Stock Performance

Shares of UNP traded up $3.26 on Tuesday, reaching $242.47. 1,585,332 shares of the stock traded hands, compared to its average volume of 2,293,755. The stock’s 50-day moving average price is $242.47 and its 200-day moving average price is $236.79. The firm has a market cap of $147.94 billion, a price-to-earnings ratio of 23.14, a P/E/G ratio of 2.55 and a beta of 1.06. Union Pacific Co. has a 12 month low of $190.71 and a 12 month high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the previous year, the business earned $2.67 earnings per share. The company’s quarterly revenue was down .4% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 11.21 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is currently 49.62%.

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.