Consolidated Planning Corp Buys 611 Shares of Union Pacific Co. (NYSE:UNP)

Consolidated Planning Corp lifted its stake in Union Pacific Co. (NYSE:UNPGet Rating) by 3.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,931 shares of the railroad operator’s stock after acquiring an additional 611 shares during the period. Union Pacific accounts for about 1.2% of Consolidated Planning Corp’s investment portfolio, making the stock its 26th largest position. Consolidated Planning Corp’s holdings in Union Pacific were worth $3,688,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in UNP. Lazard Asset Management LLC raised its stake in shares of Union Pacific by 1,549.3% in the 2nd quarter. Lazard Asset Management LLC now owns 2,998,661 shares of the railroad operator’s stock valued at $639,551,000 after acquiring an additional 2,816,843 shares in the last quarter. Bishop Rock Capital L.P. increased its position in Union Pacific by 7,721.1% in the 2nd quarter. Bishop Rock Capital L.P. now owns 2,551,469 shares of the railroad operator’s stock worth $11,963,000 after buying an additional 2,518,846 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Union Pacific by 638.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,014,327 shares of the railroad operator’s stock worth $550,334,000 after buying an additional 1,741,490 shares during the period. Assenagon Asset Management S.A. increased its position in Union Pacific by 1,512.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,254,098 shares of the railroad operator’s stock worth $244,323,000 after buying an additional 1,342,881 shares during the period. Finally, WCM Investment Management LLC bought a new position in Union Pacific in the 2nd quarter worth approximately $225,714,000. 77.27% of the stock is owned by institutional investors.

Union Pacific Price Performance

Union Pacific stock opened at $200.97 on Wednesday. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market cap of $123.56 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.80 and a beta of 1.12. The business’s fifty day moving average is $211.00 and its two-hundred day moving average is $212.97. Union Pacific Co. has a 52 week low of $183.70 and a 52 week high of $278.94.

Union Pacific (NYSE:UNPGet Rating) last posted its quarterly earnings data on Tuesday, January 24th. The railroad operator reported $2.67 EPS for the quarter, missing analysts’ consensus estimates of $2.77 by ($0.10). The business had revenue of $6.18 billion during the quarter, compared to analyst estimates of $6.26 billion. Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. Union Pacific’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.66 EPS. Equities research analysts forecast that Union Pacific Co. will post 11.47 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 29th. Shareholders of record on Monday, December 19th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend was Friday, December 16th. Union Pacific’s dividend payout ratio is currently 46.39%.

Analyst Upgrades and Downgrades

Several research analysts have commented on UNP shares. Morgan Stanley lifted their price target on Union Pacific from $177.00 to $179.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 11th. Argus dropped their price target on Union Pacific from $275.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, October 21st. Bank of America cut Union Pacific from a “buy” rating to a “neutral” rating in a research report on Tuesday. Barclays boosted their price objective on Union Pacific from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Wednesday, January 11th. Finally, UBS Group lowered their price objective on Union Pacific from $212.00 to $210.00 and set a “neutral” rating on the stock in a research report on Friday, October 21st. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $218.42.

About Union Pacific

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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