Union Pacific Co. (NYSE:UNP) Shares Sold by Lmcg Investments LLC

Lmcg Investments LLC lowered its holdings in Union Pacific Co. (NYSE:UNP) by 4.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,163 shares of the railroad operator’s stock after selling 973 shares during the period. Lmcg Investments LLC’s holdings in Union Pacific were worth $4,336,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Capital Research Global Investors grew its holdings in Union Pacific by 23.1% during the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after purchasing an additional 1,285,144 shares in the last quarter. Winslow Capital Management LLC acquired a new stake in Union Pacific during the 4th quarter valued at $293,162,000. Capital World Investors grew its holdings in Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after acquiring an additional 1,073,625 shares in the last quarter. TD Asset Management Inc grew its holdings in Union Pacific by 115.3% during the 4th quarter. TD Asset Management Inc now owns 1,070,123 shares of the railroad operator’s stock worth $262,844,000 after acquiring an additional 573,072 shares in the last quarter. Finally, Junto Capital Management LP acquired a new position in Union Pacific during the 4th quarter worth $123,297,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on UNP shares. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Benchmark reissued a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a report on Monday, July 29th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Sanford C. Bernstein reduced their price target on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research report on Monday, July 8th. Finally, Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and reduced their price target for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $258.79.

Union Pacific Stock Up 1.4 %

UNP stock opened at $252.51 on Tuesday. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66. The company has a market capitalization of $154.06 billion, a price-to-earnings ratio of 24.09, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05. The firm’s 50-day moving average is $243.58 and its two-hundred day moving average is $239.08. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the previous year, the firm earned $2.57 EPS. Union Pacific’s revenue was up .7% on a year-over-year basis. On average, analysts forecast that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.12%. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is currently 51.15%.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.28% of the company’s stock.

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.