American Economic Planning Group Inc. ADV Buys Shares of 1,748 Union Pacific Co. (UNP)
American Economic Planning Group Inc. ADV bought a new stake in shares of Union Pacific Co. (NYSE:UNP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,748 shares of the railroad operator’s stock, valued at approximately $203,000.
A number of other large investors have also made changes to their positions in the stock. OMERS ADMINISTRATION Corp grew its stake in Union Pacific by 15.5% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 1,008,200 shares of the railroad operator’s stock valued at $109,803,000 after purchasing an additional 134,950 shares during the last quarter. Community Bank N.A. grew its stake in Union Pacific by 3.0% during the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after purchasing an additional 45 shares during the last quarter. Northeast Investment Management grew its stake in Union Pacific by 2.8% during the 2nd quarter. Northeast Investment Management now owns 278,258 shares of the railroad operator’s stock valued at $30,305,000 after purchasing an additional 7,663 shares during the last quarter. Barings LLC grew its stake in Union Pacific by 357.1% during the 1st quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock valued at $5,104,000 after purchasing an additional 37,643 shares during the last quarter. Finally, Greystone Managed Investments Inc. grew its stake in Union Pacific by 8.9% during the 2nd quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock valued at $9,161,000 after purchasing an additional 6,890 shares during the last quarter. 78.43% of the stock is currently owned by institutional investors.
Several analysts have weighed in on UNP shares. BMO Capital Markets reiterated a “buy” rating and set a $123.00 price target on shares of Union Pacific in a research note on Friday, September 15th. Robert W. Baird reiterated a “hold” rating and set a $116.00 price target on shares of Union Pacific in a research note on Sunday, September 17th. Morgan Stanley downgraded Union Pacific from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $102.00 to $100.00 in a research note on Monday, October 2nd. Citigroup downgraded Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research note on Wednesday, October 4th. Finally, Aegis downgraded Union Pacific from a “buy” rating to a “hold” rating and boosted their price target for the company from $120.00 to $122.00 in a research note on Tuesday, October 10th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $120.00.
Shares of Union Pacific Co. (NYSE:UNP) opened at $134.47 on Monday. Union Pacific Co. has a one year low of $101.06 and a one year high of $135.30. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $106,440.00, a PE ratio of 23.80, a PEG ratio of 2.17 and a beta of 0.90.
Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a return on equity of 24.71% and a net margin of 22.08%. The firm had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. The company’s revenue was up 4.5% compared to the same quarter last year. research analysts expect that Union Pacific Co. will post 5.78 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a $0.665 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date is Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.98%. Union Pacific’s dividend payout ratio is presently 47.08%.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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