Union Pacific Co. (NYSE:UNP) Shares Sold by M&T Bank Corp

M&T Bank Corp cut its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 532,754 shares of the railroad operator's stock after selling 7,692 shares during the quarter. M&T Bank Corp owned about 0.09% of Union Pacific worth $121,489,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Compass Financial Services Inc purchased a new position in Union Pacific in the fourth quarter worth approximately $25,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $29,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth $30,000. Dunhill Financial LLC increased its position in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock worth $32,000 after purchasing an additional 68 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in Union Pacific in the 3rd quarter valued at about $32,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Insider Activity

In related news, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction on 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 sale, the executive vice president now directly owns 26,319 shares of the company's stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the firm'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 transaction, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.28% of the company's stock.

Union Pacific Stock Up 0.9 %

NYSE:UNP traded up $2.09 during mid-day trading on Wednesday, hitting $243.61. The stock had a trading volume of 3,051,741 shares, compared to its average volume of 2,301,658. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The stock has a 50-day simple moving average of $240.34 and a two-hundred day simple moving average of $240.97. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $147.21 billion, a PE ratio of 21.97, a PEG ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts' consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the business posted $2.71 EPS. On average, equities research analysts anticipate 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. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.20%. Union Pacific's dividend payout ratio is currently 48.33%.

Analyst Ratings Changes

Several research analysts have weighed in on UNP shares. Citigroup increased 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 increased their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Wells Fargo & Company dropped their target price on shares of Union Pacific from $267.00 to $265.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus upped their price target on Union Pacific from $253.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Finally, Barclays raised their price target on Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $261.40.

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.