Mill Capital Management LLC Trims Stake in Union Pacific Co. (NYSE:UNP)

Mill Capital Management LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 128,570 shares of the railroad operator’s stock after selling 163 shares during the period. Union Pacific makes up about 2.3% of Mill Capital Management LLC’s investment portfolio, making the stock its 12th largest holding. Mill Capital Management LLC’s holdings in Union Pacific were worth $29,319,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Palogic Value Management L.P. lifted its holdings in shares of Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after buying an additional 42 shares during the period. Roble Belko & Company Inc grew its position in shares of Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after purchasing an additional 45 shares in the last quarter. Pflug Koory LLC grew its position in shares of Union Pacific by 0.5% during the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after purchasing an additional 45 shares in the last quarter. Baron Wealth Management LLC grew its position in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after acquiring an additional 45 shares in the last quarter. Finally, Mystic Asset Management Inc. lifted its stake in Union Pacific by 2.0% in the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after purchasing an additional 45 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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 transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $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 SEC, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction on Friday, January 24th. The shares were 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 directly owns 64,960 shares in the company, valued at $16,240,000. This trade 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 corporate insiders.

Union Pacific Trading Down 0.4 %

Union Pacific stock opened at $233.79 on Monday. The firm’s 50-day moving average is $242.68 and its 200-day moving average is $239.94. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The company has a market cap of $141.28 billion, a P/E ratio of 21.08, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate 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 in the prior year, the firm posted $2.71 EPS. On average, equities analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They set a “buy” rating and a $295.00 price target for the company. BMO Capital Markets upped their target price on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price target (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Guggenheim raised their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” 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, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

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.