SNS Financial Group LLC Sells 464 Shares of Union Pacific Co. (NYSE:UNP)

SNS Financial Group LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,976 shares of the railroad operator’s stock after selling 464 shares during the quarter. SNS Financial Group LLC’s holdings in Union Pacific were worth $2,047,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc acquired a new position in Union Pacific during the 4th quarter worth approximately $25,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the third quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new position in shares of Union Pacific during the 3rd quarter worth approximately $32,000. Finally, Dunhill Financial LLC raised its position in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In related news, 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 completion of the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % 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

Several research analysts have weighed in on the company. Barclays increased their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Guggenheim upped their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Benchmark boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. BMO Capital Markets upped their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and lowered their target price for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $261.40.

Union Pacific Trading Down 1.7 %

Union Pacific stock opened at $247.02 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 business’s fifty day moving average is $237.20 and its 200 day moving average is $240.57. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The stock has a market capitalization of $149.27 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 2.18 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results 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 period last year, the business posted $2.71 earnings per share. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is 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.