Union Pacific Corporation $UNP Shares Sold by Lyell Wealth Management LP

Lyell Wealth Management LP trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 8.0% during the fourth quarter, HoldingsChannel reports. The fund owned 31,229 shares of the railroad operator’s stock after selling 2,723 shares during the quarter. Lyell Wealth Management LP’s holdings in Union Pacific were worth $7,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $25,000. Caitlin John LLC acquired a new position in shares of Union Pacific during the third quarter worth about $27,000. Saranac Partners Ltd acquired a new position in shares of Union Pacific during the third quarter worth about $27,000. Finally, High Point Wealth Management LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $26,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP opened at $268.50 on Friday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The company has a market capitalization of $159.41 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 2.83 and a beta of 0.97. The company’s 50 day simple moving average is $261.64 and its 200 day simple moving average is $248.52. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.70 earnings per share. On average, sell-side analysts predict that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio is presently 45.47%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on UNP shares. TD Cowen upped their target price on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. Barclays restated an “overweight” rating and set a $315.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. BMO Capital Markets restated a “market perform” rating and set a $285.00 target price (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Citigroup restated a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $282.21.

Insider Activity at Union Pacific

In related news, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the transaction, the chief financial officer owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 34,377 shares of company stock valued at $9,251,221. Company insiders own 0.22% of the company’s stock.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.