Lyell Wealth Management LP Has $8.46 Million Position in Union Pacific Co. (NYSE:UNP)

Lyell Wealth Management LP raised its stake in Union Pacific Co. (NYSE:UNP) by 13.7% in the 4th quarter, HoldingsChannel reports. The firm owned 34,455 shares of the railroad operator’s stock after acquiring an additional 4,145 shares during the quarter. Lyell Wealth Management LP’s holdings in Union Pacific were worth $8,463,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Wellington Management Group LLP raised its stake in Union Pacific by 0.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after buying an additional 19,145 shares during the period. Northern Trust Corp lifted its holdings in shares of Union Pacific by 4.4% in the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after purchasing an additional 285,988 shares in the last quarter. FMR LLC increased its stake in Union Pacific by 62.8% during the 3rd quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after purchasing an additional 2,119,382 shares in the last quarter. Invesco Ltd. raised its holdings in Union Pacific by 18.8% during the third quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock worth $1,018,847,000 after buying an additional 792,896 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its stake in shares of Union Pacific by 108.9% in the third quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock valued at $840,702,000 after buying an additional 2,151,893 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Susquehanna boosted their target price on shares of Union Pacific from $245.00 to $255.00 and gave the stock a “neutral” rating in a research report on Thursday, March 28th. Sanford C. Bernstein raised Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research note on Monday, January 22nd. JPMorgan Chase & Co. lifted their target price on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Jefferies Financial Group started coverage on Union Pacific in a research report on Monday, April 8th. They issued a “hold” rating and a $250.00 price target for the company. Finally, StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Monday, March 18th. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $255.00.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.26% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP traded down $4.31 on Wednesday, hitting $231.98. 2,951,003 shares of the stock traded hands, compared to its average volume of 2,314,554. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. The business’s fifty day moving average is $244.48 and its two-hundred day moving average is $234.62. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66. The firm has a market capitalization of $141.53 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.53 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the prior year, the company earned $2.67 EPS. The firm’s quarterly revenue was down .3% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific Co. will post 11.01 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.24%. Union Pacific’s payout ratio is 49.71%.

Union Pacific Company 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.