Cullen Frost Bankers Inc. Sells 30,650 Shares of Union Pacific Co. (NYSE:UNP)

Cullen Frost Bankers Inc. lowered its position in Union Pacific Co. (NYSE:UNP) by 14.9% during the 4th quarter, Holdings Channel reports. The firm owned 174,477 shares of the railroad operator’s stock after selling 30,650 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Union Pacific were worth $39,788,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Compass Financial Services Inc bought a new stake in Union Pacific during the 4th quarter valued at $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific during the 4th quarter valued at $29,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the 3rd quarter valued at $30,000. Dunhill Financial LLC boosted its position in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific during the 3rd quarter valued at $32,000. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated Friday, January 24th. The shares were 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 of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $243.61 on Thursday. The firm has a market capitalization of $147.21 billion, a price-to-earnings ratio of 21.97, 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 business has a fifty day moving average of $240.34 and a 200 day moving average of $240.97. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07.

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 period last year, the business posted $2.71 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.20%. Union Pacific’s payout ratio is currently 48.33%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Stifel Nicolaus increased their target price on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and dropped their target price for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. TD Cowen increased their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Benchmark raised their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, BMO Capital Markets raised their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $261.40.

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.