Lodestar Private Asset Management LLC Has $235,000 Stock Position in Union Pacific Corporation $UNP

Lodestar Private Asset Management LLC lowered its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 6.9% in the second quarter, according to its most recent 13F filing with the 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 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of UNP. GAMMA Investing LLC raised its holdings in shares of Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after buying an additional 1,520 shares in the last quarter. Azzad Asset Management Inc. ADV acquired a new position in shares of Union Pacific during the 1st quarter worth $2,149,000. Wealth Enhancement Advisory Services LLC grew its position in Union Pacific by 12.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 162,314 shares of the railroad operator’s stock worth $38,345,000 after acquiring an additional 18,453 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in Union Pacific during the 1st quarter worth $2,717,000. Finally, Grant Private Wealth Management Inc bought a new stake in Union Pacific during the 1st quarter worth $204,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 2.6%

NYSE UNP opened at $225.54 on Monday. The business’s 50-day moving average price is $224.45 and its two-hundred day moving average price is $224.30. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The firm has a market capitalization 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. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86.

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

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were given a $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio is presently 47.96%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on UNP. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Finally, Evercore ISI reduced their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.08.

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.