Consolidated Planning Corp Buys 867 Shares of Union Pacific Co. (NYSE:UNP)

Consolidated Planning Corp lifted its holdings in Union Pacific Co. (NYSE:UNP) by 4.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,099 shares of the railroad operator’s stock after purchasing an additional 867 shares during the period. Consolidated Planning Corp’s holdings in Union Pacific were worth $4,937,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Silver Oak Advisory Group Inc. bought a new position in shares of Union Pacific in the 4th quarter worth approximately $219,000. Personal CFO Solutions LLC lifted its stake in shares of Union Pacific by 39.3% in the 3rd quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock worth $287,000 after purchasing an additional 397 shares during the period. Nordea Investment Management AB lifted its stake in shares of Union Pacific by 46.9% in the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after purchasing an additional 28,052 shares during the period. Procyon Advisors LLC lifted its stake in shares of Union Pacific by 48.3% in the 4th quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock worth $4,547,000 after purchasing an additional 6,031 shares during the period. Finally, Advisor Resource Council bought a new position in shares of Union Pacific in the 4th quarter worth approximately $606,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of several analyst reports. Royal Bank of Canada reduced their target price on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a report on Friday, January 26th. Sanford C. Bernstein raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price for the company in a report on Monday, January 22nd. StockNews.com raised shares of Union Pacific from a “hold” rating to a “buy” rating in a report on Friday. Benchmark increased their target price on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Finally, Morgan Stanley increased their target price on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.78.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is owned by insiders.

Union Pacific Price Performance

UNP traded down $0.76 during trading hours on Friday, hitting $242.79. The company’s stock had a trading volume of 2,255,458 shares, compared to its average volume of 2,120,671. The business’s 50-day moving average price is $244.27 and its 200-day moving average price is $234.95. Union Pacific Co. has a 12 month low of $190.45 and a 12 month high of $258.66. The stock has a market cap of $148.13 billion, a price-to-earnings ratio of 23.17, a P/E/G ratio of 2.63 and a beta of 1.07. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. Union Pacific’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.67 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 11.01 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is 49.62%.

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.