Lake Street Private Wealth LLC Sells 290 Shares of Union Pacific Co. (NYSE:UNP)

Lake Street Private Wealth LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 16.9% during the fourth quarter, Holdings Channel reports. The firm owned 1,424 shares of the railroad operator’s stock after selling 290 shares during the quarter. Lake Street Private Wealth LLC’s holdings in Union Pacific were worth $325,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Seven Eight Capital LP acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $1,139,000. Intech Investment Management LLC boosted its position in Union Pacific by 41.9% during the second quarter. Intech Investment Management LLC now owns 44,869 shares of the railroad operator’s stock worth $10,152,000 after purchasing an additional 13,244 shares during the period. Ieq Capital LLC increased its holdings in shares of Union Pacific by 1.6% in the second quarter. Ieq Capital LLC now owns 28,408 shares of the railroad operator’s stock valued at $6,427,000 after purchasing an additional 444 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of Union Pacific by 9.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 17,008 shares of the railroad operator’s stock valued at $3,848,000 after purchasing an additional 1,443 shares during the period. Finally, Benjamin Edwards Inc. lifted its stake in shares of Union Pacific by 8.2% during the 2nd quarter. Benjamin Edwards Inc. now owns 2,453 shares of the railroad operator’s stock worth $555,000 after buying an additional 185 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE:UNP opened at $233.99 on Friday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock’s 50-day simple moving average is $233.83 and its 200 day simple moving average is $238.85. The firm has a market capitalization of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.51 earnings per share. On average, analysts anticipate that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Citigroup upped their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. 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. Robert W. Baird dropped their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Sanford C. Bernstein reduced their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Finally, Stifel Nicolaus lowered their price objective on Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research report on Thursday. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.35.

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.