Evermay Wealth Management LLC Cuts Stock Position in Union Pacific Co. (NYSE:UNP)

Evermay Wealth Management LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 5.7% during the 4th quarter, Holdings Channel reports. The firm owned 1,952 shares of the railroad operator’s stock after selling 117 shares during the period. Evermay Wealth Management LLC’s holdings in Union Pacific were worth $445,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UNP. State Street Corp boosted its stake in Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after acquiring an additional 217,780 shares in the last quarter. Geode Capital Management LLC raised its holdings in Union Pacific by 1.4% in the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after buying an additional 182,620 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after acquiring an additional 625,492 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after purchasing an additional 143,896 shares during the last quarter. Finally, FMR LLC increased its holdings in Union Pacific by 0.6% in the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock worth $1,237,356,000 after buying an additional 31,899 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of a number of recent research reports. Royal Bank of Canada decreased their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Susquehanna decreased their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Robert W. Baird raised their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Sanford C. Bernstein dropped their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Finally, Benchmark lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $263.30.

Union Pacific Stock Down 0.8 %

NYSE:UNP opened at $247.85 on Friday. The firm has a market capitalization of $150.26 billion, a P/E ratio of 22.35, a P/E/G ratio of 2.16 and a beta of 1.06. The stock’s fifty day simple moving average is $235.41 and its 200-day simple moving average is $240.16. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates 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 last year, the business earned $2.71 EPS. Equities research analysts expect that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.16%. Union Pacific’s dividend payout ratio is 48.33%.

Insider Activity

In other Union Pacific news, 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 completion of the sale, the president now owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $1,636,740.00. Following the sale, 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 disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

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.