Patriot Financial Group Insurance Agency LLC Lowers Holdings in Union Pacific Co. (NYSE:UNP)

Patriot Financial Group Insurance Agency LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,168 shares of the railroad operator’s stock after selling 119 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Union Pacific were worth $722,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the second quarter valued at approximately $28,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. lifted its stake in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. Dunhill Financial LLC boosted its holdings in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new stake in Union Pacific during the third quarter valued at $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on UNP shares. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Robert W. Baird boosted their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Wells Fargo & Company decreased their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Finally, Raymond James reissued a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $263.30.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $249.45 on Wednesday. The business’s 50 day moving average price is $234.45 and its 200 day moving average price is $239.81. The company has a market cap of $151.23 billion, a price-to-earnings ratio of 22.91, a PEG ratio of 2.12 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same quarter last year, the firm posted $2.71 EPS. On average, research analysts predict that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders 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 dividend yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

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.