Scott & Selber Inc. Sells 453 Shares of Union Pacific Co. (NYSE:UNP)

Scott & Selber Inc. lessened its holdings in Union Pacific Co. (NYSE:UNP) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,374 shares of the railroad operator’s stock after selling 453 shares during the quarter. Scott & Selber Inc.’s holdings in Union Pacific were worth $2,138,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. World Investment Advisors LLC lifted its position in shares of Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after buying an additional 18,060 shares during the period. abrdn plc raised its stake in Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after acquiring an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after acquiring an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd boosted its stake in shares of Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after purchasing an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic grew its holdings in shares of Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred 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 owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Union Pacific Trading Down 0.5 %

UNP opened at $245.50 on Tuesday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. The company has a market cap of $148.35 billion, a price-to-earnings ratio of 22.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm has a 50 day simple moving average of $239.83 and a 200 day simple moving average of $240.97.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period last year, the company posted $2.71 EPS. On average, sell-side analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. TD Cowen lifted their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Citigroup lifted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Robert W. Baird increased their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Guggenheim raised their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, BMO Capital Markets boosted their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

Union Pacific 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.