Union Pacific Co. (NYSE:UNP) Shares Sold by Cohen Klingenstein LLC

Cohen Klingenstein LLC lowered its position in Union Pacific Co. (NYSE:UNP - Free Report) by 40.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 123,998 shares of the railroad operator's stock after selling 83,000 shares during the quarter. Union Pacific comprises approximately 1.0% of Cohen Klingenstein LLC's portfolio, making the stock its 19th largest holding. Cohen Klingenstein LLC's holdings in Union Pacific were worth $28,277,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in UNP. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the 2nd quarter worth $28,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the 3rd quarter worth approximately $30,000. Fairscale Capital LLC purchased a new position in Union Pacific in the 2nd quarter worth approximately $31,000. Jamison Private Wealth Management Inc. lifted its position in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock valued at $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific in the third quarter worth approximately $32,000. Institutional investors own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of recent analyst reports. Raymond James upped their target price on Union Pacific from $260.00 to $265.00 and gave the company a "strong-buy" rating in a report on Friday, January 10th. Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. StockNews.com lowered Union Pacific from a "buy" rating to a "hold" rating in a research report on Tuesday, October 1st. TD Cowen decreased their price objective on Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company in a report on Friday, October 25th. Finally, Royal Bank of Canada dropped their target price on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $259.35.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $0.90 during mid-day trading on Friday, hitting $233.99. The stock had a trading volume of 3,643,704 shares, compared to its average volume of 2,141,562. The company has a 50 day moving average of $233.83 and a two-hundred day moving average of $238.95. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market cap of $141.86 billion, a PE ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analysts' expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.51 earnings per share. Research analysts predict that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific's payout ratio is currently 49.22%.

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.