Lincoln National Corp Has $3.19 Million Position in Union Pacific Co. (NYSE:UNP)

Lincoln National Corp raised its holdings in Union Pacific Co. (NYSE:UNPGet Rating) by 0.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,671 shares of the railroad operator’s stock after buying an additional 61 shares during the period. Lincoln National Corp’s holdings in Union Pacific were worth $3,189,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UNP. Qube Research & Technologies Ltd grew its position in shares of Union Pacific by 134.2% in the 4th quarter. Qube Research & Technologies Ltd now owns 62,421 shares of the railroad operator’s stock valued at $15,726,000 after acquiring an additional 35,764 shares during the period. Dixon Hughes Goodman Wealth Advisors LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $39,000. Pinnacle Associates Ltd. grew its position in shares of Union Pacific by 3.5% in the 4th quarter. Pinnacle Associates Ltd. now owns 34,228 shares of the railroad operator’s stock valued at $8,623,000 after acquiring an additional 1,152 shares during the period. Valmark Advisers Inc. grew its position in shares of Union Pacific by 333.8% in the 4th quarter. Valmark Advisers Inc. now owns 7,318 shares of the railroad operator’s stock valued at $1,844,000 after acquiring an additional 5,631 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Union Pacific in the 4th quarter valued at about $68,777,000. Institutional investors own 80.26% of the company’s stock.

Union Pacific Trading Up 0.6 %

Shares of UNP opened at $228.62 on Friday. Union Pacific Co. has a 52-week low of $195.68 and a 52-week high of $278.94. The business’s fifty day moving average is $215.49 and its 200-day moving average is $234.90. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.53 and a current ratio of 0.66. The firm has a market cap of $142.77 billion, a price-to-earnings ratio of 21.31, a PEG ratio of 1.96 and a beta of 1.15.

Union Pacific (NYSE:UNPGet Rating) last issued its quarterly earnings results on Thursday, July 21st. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. Union Pacific had a return on equity of 52.00% and a net margin of 29.23%. The company had revenue of $6.27 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the company posted $2.72 EPS. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. Equities analysts anticipate that Union Pacific Co. will post 11.58 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Wednesday, August 31st will be paid a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $5.20 annualized dividend and a dividend yield of 2.27%. Union Pacific’s payout ratio is 48.46%.

Analysts Set New Price Targets

UNP has been the subject of a number of analyst reports. Credit Suisse Group decreased their price objective on shares of Union Pacific to $252.00 in a research report on Friday, July 22nd. UBS Group downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $283.00 to $267.00 in a report on Friday, April 22nd. Cowen lowered their price target on shares of Union Pacific to $261.00 in a report on Friday, July 22nd. Barclays lowered their price target on shares of Union Pacific from $290.00 to $255.00 and set an “overweight” rating on the stock in a report on Tuesday, June 21st. Finally, The Goldman Sachs Group increased their target price on Union Pacific from $271.00 to $276.00 in a research note on Thursday, April 21st. Twelve equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $248.36.

Union Pacific Company Profile

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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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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