Union Pacific Co. (NYSE:UNP) Stake Reduced by Carlton Hofferkamp & Jenks Wealth Management LLC

Carlton Hofferkamp & Jenks Wealth Management LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,668 shares of the railroad operator’s stock after selling 70 shares during the quarter. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Union Pacific were worth $1,386,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Vontobel Holding Ltd. raised its position in Union Pacific by 74.7% in the fourth quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock worth $489,600,000 after acquiring an additional 918,248 shares in the last quarter. Franklin Resources Inc. increased its stake in Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after purchasing an additional 625,492 shares in the last quarter. Impax Asset Management Group plc increased its stake in Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after purchasing an additional 520,536 shares in the last quarter. Proficio Capital Partners LLC increased its stake in Union Pacific by 33,228.4% in the 4th quarter. Proficio Capital Partners LLC now owns 504,258 shares of the railroad operator’s stock worth $114,991,000 after purchasing an additional 502,745 shares in the last quarter. Finally, Jennison Associates LLC increased its stake 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 currently owned by institutional investors.

Union Pacific Price Performance

Shares of UNP opened at $245.50 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The stock has a market cap of $148.35 billion, a P/E ratio of 22.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The stock’s 50-day moving average price is $239.83 and its two-hundred day moving average price is $240.97.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the company earned $2.71 EPS. On average, equities analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

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 issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Raymond James reissued a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Barclays lifted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Wells Fargo & Company dropped their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Benchmark lifted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $261.40.

Insider Activity

In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred on 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 sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

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.