Lake Street Private Wealth LLC Sells 290 Shares of Union Pacific Co. (NYSE:UNP)

Lake Street Private Wealth LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 16.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,424 shares of the railroad operator’s stock after selling 290 shares during the period. Lake Street Private Wealth LLC’s holdings in Union Pacific were worth $325,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Dakota Community Bank & Trust NA boosted its stake in Union Pacific by 2.8% in the fourth quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock valued at $407,000 after acquiring an additional 49 shares during the last quarter. O Keefe Stevens Advisory Inc. lifted its stake in shares of Union Pacific by 16.8% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 17,706 shares of the railroad operator’s stock valued at $4,038,000 after purchasing an additional 2,548 shares during the period. Brooklyn Investment Group lifted its stake in shares of Union Pacific by 1.2% in the 4th quarter. Brooklyn Investment Group now owns 4,727 shares of the railroad operator’s stock valued at $1,078,000 after purchasing an additional 54 shares during the period. Whitener Capital Management Inc. boosted its position in shares of Union Pacific by 8.5% in the 4th quarter. Whitener Capital Management Inc. now owns 2,992 shares of the railroad operator’s stock worth $682,000 after purchasing an additional 234 shares during the last quarter. Finally, Carderock Capital Management Inc. acquired a new stake in shares of Union Pacific during the fourth quarter worth $437,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $233.99 on Friday. The firm’s 50 day moving average is $233.83 and its 200-day moving average is $238.85. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the previous year, the firm posted $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s payout ratio is presently 49.22%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wells Fargo & Company reduced their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Citigroup boosted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $259.35.

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.