EverSource Wealth Advisors LLC Has $576,000 Stock Holdings in Union Pacific Co. (NYSE:UNP)

EverSource Wealth Advisors LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,346 shares of the railroad operator’s stock after purchasing an additional 99 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Union Pacific were worth $576,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UNP. Silver Oak Advisory Group Inc. acquired a new position in Union Pacific during the fourth quarter worth $219,000. Personal CFO Solutions LLC increased its position in shares of Union Pacific by 39.3% during the 3rd quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock worth $287,000 after purchasing an additional 397 shares during the last quarter. Allegheny Financial Group LTD grew its position in shares of Union Pacific by 22.5% in the 4th quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock valued at $2,674,000 after acquiring an additional 2,000 shares during the period. Silver Oak Securities Incorporated acquired a new position in Union Pacific during the fourth quarter worth approximately $238,000. Finally, Nordea Investment Management AB increased its holdings in shares of Union Pacific by 46.9% during the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after acquiring an additional 28,052 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. The Goldman Sachs Group upped their price objective on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Royal Bank of Canada dropped their price objective 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. JPMorgan Chase & Co. increased their target price on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Benchmark raised their target price on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Finally, Susquehanna upped their price target on shares of Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday, April 26th. Six analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.61.

Union Pacific Stock Down 0.6 %

Shares of Union Pacific stock traded down $1.52 on Thursday, hitting $233.19. The company had a trading volume of 489,232 shares, compared to its average volume of 2,218,940. The stock has a market capitalization of $142.27 billion, a price-to-earnings ratio of 22.40, a P/E/G ratio of 1.91 and a beta of 1.06. 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 1 year low of $190.71 and a 1 year high of $258.66. The stock has a 50 day moving average of $240.72 and a 200-day moving average of $239.43.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.67 earnings per share. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.23%. The ex-dividend date is Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

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.