Asset Planning Inc Purchases 58 Shares of Union Pacific Corporation $UNP

Asset Planning Inc raised its position in Union Pacific Corporation (NYSE:UNP) by 3.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,582 shares of the railroad operator’s stock after buying an additional 58 shares during the period. Asset Planning Inc’s holdings in Union Pacific were worth $364,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of UNP. Pines Wealth Management LLC boosted its position in shares of Union Pacific by 1.7% in the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after purchasing an additional 43 shares during the last quarter. Titleist Asset Management LLC boosted its position in shares of Union Pacific by 1.1% in the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after purchasing an additional 44 shares during the last quarter. Five Oceans Advisors boosted its position in shares of Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after purchasing an additional 44 shares during the last quarter. Stiles Financial Services Inc boosted its position in shares of Union Pacific by 1.6% in the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after purchasing an additional 48 shares during the last quarter. Finally, Avalon Trust Co boosted its position in shares of Union Pacific by 5.1% in the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after purchasing an additional 49 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

UNP opened at $225.54 on Friday. The business’s 50-day moving average price is $224.45 and its two-hundred day moving average price is $224.38. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The company has a market capitalization of $133.77 billion, a price-to-earnings ratio of 19.60, a P/E/G ratio of 2.34 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53.

Union Pacific (NYSE:UNP) last released 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 return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter last year, the business posted $2.74 EPS. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. Equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were paid a $1.38 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is 47.96%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on UNP shares. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Robert W. Baird assumed coverage on Union Pacific in a research note on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective on the stock. Evercore ISI dropped their price objective on 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. Finally, BMO Capital Markets raised their price objective on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $261.08.

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.