Union Pacific Corporation $UNP Shares Sold by LVW Advisors LLC

LVW Advisors LLC reduced its stake in shares of Union Pacific Corporation (NYSE:UNP) by 11.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,959 shares of the railroad operator’s stock after selling 245 shares during the quarter. LVW Advisors LLC’s holdings in Union Pacific were worth $451,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brown Lisle Cummings Inc. raised its stake in Union Pacific by 25.1% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 733 shares of the railroad operator’s stock worth $169,000 after acquiring an additional 147 shares in the last quarter. Valicenti Advisory Services Inc. grew its position in Union Pacific by 0.4% during the 2nd quarter. Valicenti Advisory Services Inc. now owns 16,755 shares of the railroad operator’s stock worth $3,855,000 after purchasing an additional 74 shares during the last quarter. First American Bank grew its position in Union Pacific by 0.8% during the 2nd quarter. First American Bank now owns 47,945 shares of the railroad operator’s stock worth $11,031,000 after purchasing an additional 387 shares during the last quarter. NovaPoint Capital LLC grew its position in Union Pacific by 4.4% during the 2nd quarter. NovaPoint Capital LLC now owns 20,112 shares of the railroad operator’s stock worth $4,627,000 after purchasing an additional 852 shares during the last quarter. Finally, Cove Private Wealth LLC purchased a new position in Union Pacific during the 2nd quarter worth $239,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP opened at $235.14 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The stock has a market cap of $139.45 billion, a P/E ratio of 20.43, a PEG ratio of 2.45 and a beta of 1.03. The company has a 50-day moving average of $222.73 and a two-hundred day moving average of $224.54. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.74 earnings per share. As a group, research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s dividend payout ratio (DPR) is presently 47.96%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on UNP shares. Morgan Stanley lowered their price objective on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Monday, July 7th. Susquehanna reaffirmed a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a report on Thursday. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their target price for the company from $250.00 to $285.00 in a report on Friday, July 25th. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and lifted their target price for the company from $250.00 to $251.00 in a report on Monday, September 15th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.00.

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.