LVW Advisors LLC Decreases Position in Union Pacific Co. (NYSE:UNP)

LVW Advisors LLC decreased its holdings in Union Pacific Co. (NYSE:UNP) by 26.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,184 shares of the railroad operator’s stock after selling 1,527 shares during the quarter. LVW Advisors LLC’s holdings in Union Pacific were worth $1,029,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Union Pacific during the 4th quarter worth about $1,832,127,000. Wellington Management Group LLP lifted its holdings in shares of Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after purchasing an additional 19,145 shares during the period. Capital Research Global Investors boosted its position in Union Pacific by 23.1% in the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after buying an additional 1,285,144 shares during the last quarter. Fisher Asset Management LLC boosted its position in Union Pacific by 2.2% in the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after buying an additional 125,522 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in Union Pacific by 7.1% in the 4th quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock worth $1,351,937,000 after buying an additional 364,029 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 1.2 %

Shares of NYSE UNP opened at $226.26 on Monday. The stock has a market cap of $138.05 billion, a PE ratio of 21.59, a P/E/G ratio of 1.92 and a beta of 1.07. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66. The company has a 50-day moving average of $233.31 and a 200 day moving average of $240.32.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $2.67 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 11.22 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend was Friday, May 31st. Union Pacific’s dividend payout ratio is currently 49.62%.

Wall Street Analyst Weigh In

UNP has been the topic of several recent research reports. TD Cowen upped their price objective on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. Wells Fargo & Company started coverage on shares of Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 price target on the stock. Evercore ISI lifted their price objective on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Benchmark boosted their price objective on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Finally, Raymond James reaffirmed a “strong-buy” rating and set a $280.00 target price (up from $275.00) on shares of Union Pacific in a report on Friday, April 26th. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $258.92.

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.