Lighthouse Investment Partners LLC Sells 10,545 Shares of Union Pacific Corporation $UNP

Lighthouse Investment Partners LLC trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 34.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,118 shares of the railroad operator’s stock after selling 10,545 shares during the period. Lighthouse Investment Partners LLC’s holdings in Union Pacific were worth $4,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of UNP. Integrated Wealth Concepts LLC grew its stake in shares of Union Pacific by 3.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 17,431 shares of the railroad operator’s stock worth $4,120,000 after buying an additional 649 shares in the last quarter. JPL Wealth Management LLC raised its position in shares of Union Pacific by 0.8% during the 3rd quarter. JPL Wealth Management LLC now owns 10,133 shares of the railroad operator’s stock valued at $2,395,000 after buying an additional 84 shares in the last quarter. Jain Global LLC raised its position in shares of Union Pacific by 32.3% during the 3rd quarter. Jain Global LLC now owns 175,066 shares of the railroad operator’s stock valued at $41,380,000 after buying an additional 42,753 shares in the last quarter. Hollow Brook Wealth Management LLC lifted its holdings in shares of Union Pacific by 271.9% in the 3rd quarter. Hollow Brook Wealth Management LLC now owns 6,318 shares of the railroad operator’s stock valued at $1,494,000 after acquiring an additional 4,619 shares during the last quarter. Finally, Holocene Advisors LP purchased a new position in Union Pacific in the third quarter worth about $24,604,000. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UNP has been the topic of several analyst reports. The Goldman Sachs Group reissued a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research note on Tuesday, January 27th. Citigroup reaffirmed a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.77.

Union Pacific Trading Down 0.1%

NYSE UNP opened at $242.27 on Tuesday. The stock has a market cap of $143.76 billion, a PE ratio of 20.24, a PEG ratio of 2.65 and a beta of 0.95. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $268.14. The company’s 50-day moving average price is $246.68 and its 200-day moving average price is $234.04. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.91 EPS. Equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is currently 46.12%.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.