Callan Capital LLC Sells 109 Shares of Union Pacific Co. (NYSE:UNP)

Callan Capital LLC lessened its stake in Union Pacific Co. (NYSE:UNP) by 8.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,151 shares of the railroad operator’s stock after selling 109 shares during the quarter. Callan Capital LLC’s holdings in Union Pacific were worth $283,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Wellington Management Group LLP lifted its holdings in shares of Union Pacific by 0.3% in the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after purchasing an additional 19,145 shares in the last quarter. Northern Trust Corp lifted its holdings in Union Pacific by 4.4% during the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after acquiring an additional 285,988 shares during the period. FMR LLC lifted its holdings in Union Pacific by 62.8% during the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after acquiring an additional 2,119,382 shares during the period. Invesco Ltd. raised its stake in shares of Union Pacific by 18.8% in the third quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock valued at $1,018,847,000 after buying an additional 792,896 shares during the period. Finally, Clearbridge Investments LLC increased its holdings in Union Pacific by 108.9% in the 3rd quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock worth $840,702,000 after acquiring an additional 2,151,893 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Jefferies Financial Group assumed coverage on shares of Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Evercore ISI upped their price target on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday. The Goldman Sachs Group increased their target price on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Finally, Benchmark increased their target price on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $258.78.

Union Pacific Trading Down 0.3 %

Shares of UNP stock traded down $0.71 on Friday, hitting $242.84. 2,255,450 shares of the company’s stock traded hands, compared to its average volume of 2,333,368. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. Union Pacific Co. has a one year low of $190.45 and a one year high of $258.66. The company’s fifty day simple moving average is $244.27 and its 200 day simple moving average is $234.95. The stock has a market capitalization of $148.16 billion, a price-to-earnings ratio of 23.22, a P/E/G ratio of 2.51 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.67 EPS. Equities analysts forecast that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 49.71%.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

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.