Lincoln Capital LLC Decreases Holdings in Union Pacific Co. (NYSE:UNP)

Lincoln Capital LLC lowered its holdings in Union Pacific Co. (NYSE:UNP) by 0.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 22,169 shares of the railroad operator’s stock after selling 170 shares during the quarter. Union Pacific comprises 1.1% of Lincoln Capital LLC’s investment portfolio, making the stock its 22nd biggest holding. Lincoln Capital LLC’s holdings in Union Pacific were worth $5,055,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. World Investment Advisors LLC increased its stake in Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares during the last quarter. Shellback Capital LP grew its position in shares of Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after buying an additional 4,400 shares during the last quarter. Peoples Bank KS acquired a new stake in Union Pacific during the 3rd quarter worth $834,000. Maj Invest Holding A S lifted its position in Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after acquiring an additional 2,202 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after acquiring an additional 4,939 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of several research reports. Stifel Nicolaus reduced their target price on 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 reduced their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen lowered their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Wells Fargo & Company reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.

Union Pacific Trading Down 0.4 %

Shares of UNP stock opened at $233.99 on Monday. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business’s fifty day moving average price is $233.83 and its 200 day moving average price is $238.95. The firm has a market capitalization of $141.86 billion, a PE ratio of 21.49, a P/E/G ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.51 EPS. As a group, sell-side analysts forecast that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

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.