Asset Planning Inc Has $364,000 Stock Position in Union Pacific Corporation $UNP

Asset Planning Inc raised its position in Union Pacific Corporation (NYSE:UNP) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,582 shares of the railroad operator’s stock after acquiring an additional 58 shares during the period. Asset Planning Inc’s holdings in Union Pacific were worth $364,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Matrix Asset Advisors Inc. NY raised its holdings in Union Pacific by 0.7% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 69,866 shares of the railroad operator’s stock valued at $16,075,000 after acquiring an additional 456 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in Union Pacific by 0.5% in the 2nd quarter. Apollon Wealth Management LLC now owns 41,929 shares of the railroad operator’s stock valued at $9,647,000 after acquiring an additional 214 shares in the last quarter. Keener Financial Planning LLC raised its holdings in Union Pacific by 18.9% in the 2nd quarter. Keener Financial Planning LLC now owns 1,057 shares of the railroad operator’s stock valued at $243,000 after acquiring an additional 168 shares in the last quarter. Lindenwold Advisors INC raised its holdings in Union Pacific by 2.1% in the 2nd quarter. Lindenwold Advisors INC now owns 12,523 shares of the railroad operator’s stock valued at $2,881,000 after acquiring an additional 252 shares in the last quarter. Finally, Conning Inc. raised its holdings in Union Pacific by 6.4% in the 2nd quarter. Conning Inc. now owns 156,890 shares of the railroad operator’s stock valued at $36,097,000 after acquiring an additional 9,412 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of a number of recent research reports. BMO Capital Markets increased their target price on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Baird R W raised Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and increased their target price for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. Finally, Royal Bank Of Canada increased their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $261.08.

Union Pacific Trading Down 2.6%

UNP stock opened at $225.54 on Friday. The business has a fifty day moving average price of $224.45 and a 200 day moving average price of $224.38. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The stock 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 for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $6.09 billion. During the same period last year, the firm posted $2.74 EPS. The business’s revenue was up 2.4% on a year-over-year basis. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

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

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.