Cullen Frost Bankers Inc. Has $51.03 Million Stake in Union Pacific Co. (NYSE:UNP)

Cullen Frost Bankers Inc. decreased its position in Union Pacific Co. (NYSE:UNP) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 207,756 shares of the railroad operator’s stock after selling 11,108 shares during the period. Cullen Frost Bankers Inc.’s holdings in Union Pacific were worth $51,029,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Desjardins Global Asset Management Inc. increased its stake in Union Pacific by 1.4% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after purchasing an additional 41 shares in the last quarter. Twin Capital Management Inc. raised its holdings in shares of Union Pacific by 3.0% in the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock worth $342,000 after acquiring an additional 41 shares during the last quarter. Sunburst Financial Group LLC lifted its position in Union Pacific by 1.8% in the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after acquiring an additional 42 shares in the last quarter. Mission Wealth Management LP boosted its stake in Union Pacific by 0.5% during the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after purchasing an additional 42 shares during the last quarter. Finally, Sunflower Bank N.A. lifted its holdings in shares of Union Pacific by 0.8% in the fourth quarter. Sunflower Bank N.A. now owns 5,573 shares of the railroad operator’s stock valued at $1,369,000 after purchasing an additional 43 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.26% of the stock is currently owned by insiders.

Union Pacific Price Performance

Union Pacific stock traded up $3.26 during midday trading on Tuesday, reaching $242.47. 1,585,332 shares of the stock were exchanged, compared to its average volume of 2,293,755. The company’s fifty day moving average is $242.47 and its 200-day moving average is $236.79. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. Union Pacific Co. has a 52 week low of $190.71 and a 52 week high of $258.66. The firm has a market cap of $147.94 billion, a PE ratio of 23.14, a PEG ratio of 2.55 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the company earned $2.67 earnings per share. On average, sell-side analysts forecast that Union Pacific Co. will post 11.21 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.62%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on UNP shares. Royal Bank of Canada reduced their target price on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Susquehanna upped their target price on Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a report on Friday, April 26th. Benchmark raised their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. StockNews.com raised shares of Union Pacific from a “hold” rating to a “buy” rating in a report on Friday, April 26th. Finally, Sanford C. Bernstein raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price for the company in a research report on Monday, January 22nd. Six investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $259.61.

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.