Community Bank & Trust Waco Texas Reduces Position in Union Pacific Co. (NYSE:UNP)

Community Bank & Trust Waco Texas lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 2.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,941 shares of the railroad operator’s stock after selling 547 shares during the quarter. Union Pacific comprises 1.2% of Community Bank & Trust Waco Texas’ investment portfolio, making the stock its 29th biggest holding. Community Bank & Trust Waco Texas’ holdings in Union Pacific were worth $5,460,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC lifted its position in Union Pacific by 1.1% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 6,589 shares of the railroad operator’s stock worth $1,503,000 after acquiring an additional 72 shares during the period. Peterson Wealth Services lifted its position in Union Pacific by 2.7% during the 4th quarter. Peterson Wealth Services now owns 16,773 shares of the railroad operator’s stock worth $3,825,000 after acquiring an additional 439 shares during the period. Stonebridge Financial Group LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $45,000. Essex Financial Services Inc. lifted its position in Union Pacific by 26.0% during the 4th quarter. Essex Financial Services Inc. now owns 16,395 shares of the railroad operator’s stock worth $3,739,000 after acquiring an additional 3,378 shares during the period. Finally, Cambiar Investors LLC lifted its position in Union Pacific by 32.7% during the 4th quarter. Cambiar Investors LLC now owns 257,975 shares of the railroad operator’s stock worth $58,829,000 after acquiring an additional 63,531 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of several recent analyst reports. Robert W. Baird raised their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a 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. Stifel Nicolaus lifted their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company reduced their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, TD Cowen lifted their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $261.40.

Insiders Place Their Bets

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’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 owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $244.35 on Tuesday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The stock has a market capitalization of $148.14 billion, a P/E ratio of 22.03, a PEG ratio of 2.11 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. The business’s fifty day moving average price is $235.14 and its 200 day moving average price is $240.19.

Union Pacific (NYSE:UNP) last issued its earnings results 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 return on equity of 41.12% and a net margin of 27.82%. During the same period in the previous year, the company earned $2.71 EPS. As a group, research analysts anticipate that Union Pacific Co. will post 12.01 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.

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.