Lyell Wealth Management LP Has $8.04 Million Stake in Union Pacific Co. (NYSE:UNP)

Lyell Wealth Management LP lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,548 shares of the railroad operator’s stock after buying an additional 168 shares during the quarter. Lyell Wealth Management LP’s holdings in Union Pacific were worth $8,043,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Norges Bank acquired a new stake in Union Pacific in the 4th quarter valued at $1,832,127,000. Capital Research Global Investors grew its position in Union Pacific by 23.1% in 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 during the period. Winslow Capital Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at $293,162,000. Capital World Investors grew its position in Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after purchasing an additional 1,073,625 shares during the period. Finally, TD Asset Management Inc grew its position in Union Pacific by 115.3% in the 4th quarter. TD Asset Management Inc now owns 1,070,123 shares of the railroad operator’s stock valued at $262,844,000 after purchasing an additional 573,072 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.1 %

NYSE UNP opened at $249.12 on Friday. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66. The business’s fifty day moving average is $243.00 and its 200-day moving average is $239.19. The stock has a market capitalization of $151.76 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 2.20 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.05 billion. During the same period in the previous year, the business posted $2.57 EPS. The firm’s quarterly revenue was up .7% compared to the same quarter last year. Equities research analysts predict that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a $1.34 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend is Friday, August 30th. Union Pacific’s payout ratio is currently 51.15%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on UNP shares. Sanford C. Bernstein reduced their price target on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a research report on Monday, July 8th. Benchmark reaffirmed a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a report on Monday, July 29th. Susquehanna cut their price objective on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Finally, Barclays cut their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Eight analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $258.79.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.28% of the stock is currently owned by company insiders.

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.