UNIVEST FINANCIAL Corp Sells 654 Shares of Union Pacific Co. (NYSE:UNP)

UNIVEST FINANCIAL Corp decreased its position in shares of Union Pacific Co. (NYSE:UNP) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,959 shares of the railroad operator’s stock after selling 654 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Union Pacific were worth $2,271,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UNP. Compass Financial Services Inc acquired a new position in Union Pacific in the fourth quarter valued at $25,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at about $29,000. Dunhill Financial LLC boosted its position in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares in the last quarter. PrairieView Partners LLC acquired a new stake in Union Pacific during the fourth quarter worth approximately $34,000. Finally, Kentucky Trust Co bought a new stake in Union Pacific in the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the business’s 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 transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction 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 position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on UNP. BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Wells Fargo & Company cut their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price target (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. TD Cowen increased their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Guggenheim boosted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $263.00.

Union Pacific Stock Performance

NYSE UNP opened at $238.04 on Thursday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a fifty day moving average price of $243.12 and a 200-day moving average price of $239.72. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The firm has a market cap of $143.84 billion, a price-to-earnings ratio of 21.46, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 period last year, the business posted $2.71 earnings per share. As a group, equities research analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm 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 $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.25%. Union Pacific’s dividend 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.