Trust Co of Kansas Sells 3,028 Shares of Union Pacific Co. (NYSE:UNP)

Trust Co of Kansas lessened its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 66.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,536 shares of the railroad operator's stock after selling 3,028 shares during the period. Trust Co of Kansas' holdings in Union Pacific were worth $350,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Marshall Wace LLP grew its stake in Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator's stock worth $379,689,000 after buying an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator's stock valued at $220,856,000 after purchasing an additional 891,555 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock worth $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Impax Asset Management Group plc grew its position in Union Pacific by 2,025.4% during the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator's stock worth $134,636,000 after acquiring an additional 520,536 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in Union Pacific by 170.9% in the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator's stock worth $181,470,000 after purchasing an additional 464,477 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UNP. Susquehanna reduced their price target on Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a report on Friday, October 25th. Robert W. Baird cut their price target on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Benchmark restated a "buy" rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Citigroup lifted their target price on Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a report on Tuesday, November 12th. Finally, Stifel Nicolaus cut their price objective on Union Pacific from $262.00 to $253.00 and set a "buy" rating on the stock in a research note on Thursday. 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's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $259.35.

Union Pacific Stock Performance

Shares of Union Pacific stock traded down $0.90 on Friday, reaching $233.99. 3,643,704 shares of the company traded hands, compared to its average volume of 2,141,562. The company has a 50 day moving average of $233.83 and a 200 day moving average of $238.95. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The firm has a market capitalization 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 for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the company posted $2.51 earnings per share. Equities analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. Union Pacific's dividend payout ratio is presently 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.