AMI Investment Management Inc. Sells 622 Shares of Union Pacific Co. (NYSE:UNP)

AMI Investment Management Inc. cut its holdings in Union Pacific Co. (NYSE:UNP) by 4.1% during the 4th quarter, Holdings Channel reports. The fund owned 14,660 shares of the railroad operator’s stock after selling 622 shares during the period. Union Pacific comprises 1.5% of AMI Investment Management Inc.’s portfolio, making the stock its 23rd biggest holding. AMI Investment Management Inc.’s holdings in Union Pacific were worth $3,601,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. MAS Advisors LLC bought a new stake in shares of Union Pacific during the 1st quarter valued at $233,000. Roundview Capital LLC raised its position in shares of Union Pacific by 3.8% during the 1st quarter. Roundview Capital LLC now owns 16,608 shares of the railroad operator’s stock valued at $4,537,000 after purchasing an additional 614 shares during the period. Dakota Wealth Management bought a new stake in shares of Union Pacific during the 1st quarter valued at $569,000. Candriam Luxembourg S.C.A. raised its position in shares of Union Pacific by 3.7% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 47,144 shares of the railroad operator’s stock valued at $12,880,000 after purchasing an additional 1,664 shares during the period. Finally, Mather Group LLC. grew its stake in Union Pacific by 10.1% during the first quarter. Mather Group LLC. now owns 1,745 shares of the railroad operator’s stock valued at $477,000 after acquiring an additional 160 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.28% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

UNP has been the subject of several research analyst reports. Benchmark reaffirmed a “buy” rating and set a $260.00 target price on shares of Union Pacific in a research note on Friday, January 26th. JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $239.00 to $237.00 and set a “neutral” rating for the company in a report on Friday, January 26th. Royal Bank of Canada lowered their target price on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a report on Friday, January 26th. TD Cowen raised their target price on shares of Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Finally, UBS Group lifted their price objective on shares of Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Seven research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $251.33.

Union Pacific Stock Performance

UNP opened at $245.93 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. The company has a market cap of $150.04 billion, a price-to-earnings ratio of 23.51, a PEG ratio of 2.66 and a beta of 1.07. Union Pacific Co. has a 52-week low of $190.37 and a 52-week high of $258.66. The firm’s fifty day simple moving average is $247.65 and its two-hundred day simple moving average is $230.50.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same period last year, the firm posted $2.67 earnings per share. Equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Thursday, February 29th will be given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.11%. The ex-dividend date is Wednesday, February 28th. Union Pacific’s payout ratio is currently 49.71%.

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.