Moody Lynn & Lieberson LLC Cuts Stock Position in Union Pacific Corporation $UNP

Moody Lynn & Lieberson LLC cut its stake in shares of Union Pacific Corporation (NYSE:UNP) by 4.6% in the second quarter, HoldingsChannel.com reports. The fund owned 5,892 shares of the railroad operator’s stock after selling 283 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Union Pacific were worth $1,356,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UNP. LGT Group Foundation raised its holdings in shares of Union Pacific by 9.7% during the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after acquiring an additional 477 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Union Pacific during the first quarter worth approximately $988,822,000. SlateStone Wealth LLC raised its stake in Union Pacific by 6.2% in the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after purchasing an additional 772 shares during the last quarter. Meadow Creek Wealth Advisors LLC lifted its holdings in Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock valued at $866,000 after purchasing an additional 359 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after purchasing an additional 1,520 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 1.4%

UNP opened at $235.14 on Monday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The stock has a market capitalization of $139.45 billion, a PE ratio of 20.43, a P/E/G ratio of 2.45 and a beta of 1.03. The business’s 50 day moving average price is $222.73 and its 200 day moving average price is $224.47. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter last year, the firm earned $2.74 earnings per share. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. As a group, equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a $1.38 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.3%. Union Pacific’s payout ratio is presently 47.96%.

Analyst Ratings Changes

A number of brokerages have recently commented on UNP. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and increased their target price for the company from $250.00 to $251.00 in a research report on Monday, September 15th. Wells Fargo & Company increased their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Evercore ISI decreased their target price on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. Morgan Stanley dropped their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Monday, July 7th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $263.00 price target on shares of Union Pacific in a report on Monday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $260.00.

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.