Everhart Financial Group Inc. Sells 767 Shares of Union Pacific Co. (NYSE:UNP)

Everhart Financial Group Inc. lowered its position in Union Pacific Co. (NYSE:UNP) by 31.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,638 shares of the railroad operator’s stock after selling 767 shares during the period. Everhart Financial Group Inc.’s holdings in Union Pacific were worth $374,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific in the 4th quarter valued at $25,000. Synergy Asset Management LLC bought a new position in Union Pacific during the 4th quarter worth about $29,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the 3rd quarter worth about $30,000. Peterson Financial Group Inc. bought a new position in Union Pacific during the 3rd quarter worth about $32,000. Finally, Dunhill Financial LLC increased its holdings in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.7 %

Shares of UNP stock opened at $249.27 on Monday. The firm has a 50 day moving average price of $236.34 and a two-hundred day moving average price of $240.45. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $151.12 billion, a PE ratio of 22.48, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. 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 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 firm earned $2.71 earnings per share. As a group, analysts predict that Union Pacific Co. will post 12.01 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 given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insiders Place Their Bets

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred 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 completion of the sale, 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. Company insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company lowered their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus increased their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. BMO Capital Markets raised their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, Guggenheim raised their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $261.40.

Union Pacific Company 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.