Asset Planning Inc Sells 146 Shares of Union Pacific Corporation (NYSE:UNP)

Asset Planning Inc decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 8.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,524 shares of the railroad operator’s stock after selling 146 shares during the quarter. Asset Planning Inc’s holdings in Union Pacific were worth $360,000 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 bought and sold shares of the business. Allred Capital Management LLC boosted its holdings in Union Pacific by 0.5% in the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after purchasing an additional 40 shares during the period. Strategic Investment Solutions Inc. IL boosted its holdings in Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares during the period. Foster Dykema Cabot & Partners LLC boosted its holdings in Union Pacific by 1.6% in the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 2,922 shares of the railroad operator’s stock valued at $666,000 after purchasing an additional 47 shares during the period. First Financial Bank Trust Division boosted its holdings in Union Pacific by 1.7% in the 1st quarter. First Financial Bank Trust Division now owns 2,803 shares of the railroad operator’s stock valued at $662,000 after purchasing an additional 47 shares during the period. Finally, Stiles Financial Services Inc boosted its holdings in Union Pacific by 1.6% in the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after purchasing an additional 48 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $219.31 on Friday. The company has a market cap of $130.06 billion, a price-to-earnings ratio of 19.05, a price-to-earnings-growth ratio of 2.16 and a beta of 1.05. The company has a 50-day moving average price of $227.04 and a 200-day moving average price of $230.86. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07.

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

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a dividend of $1.38 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, August 29th. Union Pacific’s dividend payout ratio is presently 47.96%.

Wall Street Analyst Weigh In

UNP has been the subject of several analyst reports. Susquehanna cut their price target on shares of Union Pacific from $260.00 to $257.00 and set a “positive” rating for the company in a report on Wednesday. Morgan Stanley dropped their price objective on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a report on Monday, July 7th. BMO Capital Markets lifted their price objective on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $263.00 price objective on shares of Union Pacific in a report on Monday, June 2nd. Finally, UBS Group lifted their price objective on shares of Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.21.

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.