EverSource Wealth Advisors LLC Has $916,000 Holdings in Union Pacific Co. (NYSE:UNP)

EverSource Wealth Advisors LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 2.3% during the fourth quarter, Holdings Channel reports. The fund owned 4,017 shares of the railroad operator’s stock after selling 95 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Union Pacific were worth $916,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Sequoia Financial Advisors LLC raised its holdings in shares of Union Pacific by 51.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 37,336 shares of the railroad operator’s stock valued at $8,514,000 after acquiring an additional 12,613 shares during the period. PFG Advisors raised its holdings in shares of Union Pacific by 2.2% during the fourth quarter. PFG Advisors now owns 17,491 shares of the railroad operator’s stock valued at $3,989,000 after acquiring an additional 372 shares during the period. HighTower Advisors LLC raised its holdings in shares of Union Pacific by 3.2% during the fourth quarter. HighTower Advisors LLC now owns 609,588 shares of the railroad operator’s stock valued at $139,010,000 after acquiring an additional 19,039 shares during the period. Moors & Cabot Inc. raised its holdings in shares of Union Pacific by 1.7% during the fourth quarter. Moors & Cabot Inc. now owns 25,751 shares of the railroad operator’s stock valued at $5,872,000 after acquiring an additional 437 shares during the period. Finally, Natural Investments LLC acquired a new stake in shares of Union Pacific during the fourth quarter valued at approximately $2,264,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. TD Cowen boosted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Stifel Nicolaus boosted their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Guggenheim boosted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $263.00.

Insider Activity at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the company’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 completion of the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the company’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 transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $234.36 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a fifty day simple moving average of $241.93 and a 200 day simple moving average of $240.85. The company has a market cap of $141.62 billion, a P/E ratio of 21.13, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the company posted $2.71 earnings per share. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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

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.