Asset Planning Inc Has $360,000 Stock Position in Union Pacific Corporation (NYSE:UNP)

Asset Planning Inc lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 8.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,524 shares of the railroad operator’s stock after selling 146 shares during the period. Asset Planning Inc’s holdings in Union Pacific were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Highline Wealth Partners LLC raised its holdings in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares during the period. Financial Gravity Asset Management Inc. acquired a new position in shares of Union Pacific during the first quarter valued at about $32,000. EnRich Financial Partners LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at about $31,000. Strategic Investment Solutions Inc. IL raised its holdings in shares of Union Pacific by 38.8% during the fourth 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. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 1.2%

Shares of UNP stock opened at $219.31 on Friday. The company has a 50 day moving average of $227.04 and a 200-day moving average of $230.86. The company has a quick ratio of 0.53, a current ratio of 0.65 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. The firm has a market cap of $130.06 billion, a P/E ratio of 19.05, a PEG ratio of 2.16 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the business posted $2.74 EPS. Union Pacific’s quarterly revenue was up 2.4% compared to the same quarter last year. Sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a $1.38 dividend. The ex-dividend date is Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is presently 47.96%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on UNP shares. Morgan Stanley lowered their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. Baird R W upgraded shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Wells Fargo & Company upped their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Evercore ISI lowered their target price on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a report on Friday, July 25th. Finally, Robert W. Baird started coverage on shares of Union Pacific in a report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 target price on the stock. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price 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.