Lodestar Private Asset Management LLC Sells 76 Shares of Union Pacific Corporation $UNP

Lodestar Private Asset Management LLC decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 6.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,021 shares of the railroad operator’s stock after selling 76 shares during the period. Lodestar Private Asset Management LLC’s holdings in Union Pacific were worth $235,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Highline Wealth Partners LLC boosted its position in shares of Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC boosted its position in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific during the 1st quarter valued at about $32,000. WPG Advisers LLC bought a new stake in shares of Union Pacific during the 1st quarter valued at about $33,000. Finally, GFG Capital LLC bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $38,000. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on UNP. Robert W. Baird began coverage on Union Pacific in a research note on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target on the stock. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Evercore ISI dropped their price target on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. Susquehanna reaffirmed a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Finally, BMO Capital Markets upped their price target on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $261.08.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $225.54 on Monday. The company has a market cap of $133.77 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The business has a 50 day moving average price of $224.45 and a 200-day moving average price of $224.30. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.74 earnings per share. Equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Friday, August 29th. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

About Union Pacific

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.