Lyell Wealth Management LP Decreases Position in Union Pacific Corporation $UNP

Lyell Wealth Management LP lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,229 shares of the railroad operator’s stock after selling 2,723 shares during the period. Lyell Wealth Management LP’s holdings in Union Pacific were worth $7,224,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tucker Asset Management LLC purchased a new position in Union Pacific in the 4th quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific in the 4th quarter valued at approximately $25,000. Caitlin John LLC purchased a new position in Union Pacific in the 3rd quarter valued at approximately $27,000. Saranac Partners Ltd purchased a new position in Union Pacific in the 3rd quarter valued at approximately $27,000. Finally, High Point Wealth Management LLC purchased a new position in Union Pacific in the 4th quarter valued at approximately $26,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction on Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the transaction, the executive vice president directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction 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 completion of the transaction, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 34,377 shares of company stock worth $9,251,221. 0.22% of the stock is owned by company insiders.

Union Pacific Trading Up 0.6%

NYSE 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 firm has a market cap of $159.41 billion, a PE ratio of 22.12, a P/E/G ratio of 2.83 and a beta of 0.97. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. The firm’s fifty day moving average is $261.64 and its two-hundred day moving average is $248.52.

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

Union Pacific Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Susquehanna reaffirmed a “positive” rating and set a $305.00 price objective on shares of Union Pacific in a research report on Friday, June 5th. Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. Evercore reaffirmed an “outperform” rating and set a $277.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. Benchmark lifted their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $282.21.

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.