Lifestyle Asset Management Inc. Invests $200,000 in Union Pacific Co. (NYSE:UNP)

Lifestyle Asset Management Inc. acquired a new position in shares of Union Pacific Co. (NYSE:UNP) in the first quarter, Holdings Channel reports. The institutional investor acquired 847 shares of the railroad operator’s stock, valued at approximately $200,000.

Other hedge funds also recently made changes to their positions in the company. Union Bancaire Privee UBP SA purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $20,683,000. Brown Lisle Cummings Inc. raised its stake in shares of Union Pacific by 139.6% in the fourth quarter. Brown Lisle Cummings Inc. now owns 460 shares of the railroad operator’s stock valued at $105,000 after buying an additional 268 shares during the period. Sargent Investment Group LLC raised its stake in shares of Union Pacific by 1.7% in the fourth quarter. Sargent Investment Group LLC now owns 3,656 shares of the railroad operator’s stock valued at $829,000 after buying an additional 62 shares during the period. Retirement Systems of Alabama raised its stake in shares of Union Pacific by 3.2% in the fourth quarter. Retirement Systems of Alabama now owns 328,086 shares of the railroad operator’s stock valued at $74,817,000 after buying an additional 10,162 shares during the period. Finally, Stratos Wealth Partners LTD. raised its stake in shares of Union Pacific by 2.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 16,262 shares of the railroad operator’s stock valued at $3,709,000 after buying an additional 322 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

UNP has been the topic of several research reports. Jefferies Financial Group lowered their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Susquehanna decreased their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Friday, April 25th. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research note on Friday, March 7th. They set a “buy” rating and a $295.00 price objective on the stock. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Finally, Bank of America boosted their price objective on Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a research note on Friday, May 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $257.74.

Union Pacific Trading Down 0.4%

UNP opened at $220.91 on Thursday. The business has a 50 day simple moving average of $220.85 and a two-hundred day simple moving average of $232.39. The firm has a market capitalization of $131.99 billion, a price-to-earnings ratio of 19.92, a PEG ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the company earned $2.69 EPS. Analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Friday, May 30th. Union Pacific’s payout ratio is 48.29%.

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.