Capital Planning Advisors LLC Sells 8,120 Shares of Union Pacific Corporation $UNP

Capital Planning Advisors LLC lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 50.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 7,985 shares of the railroad operator’s stock after selling 8,120 shares during the quarter. Capital Planning Advisors LLC’s holdings in Union Pacific were worth $1,887,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Union Bancaire Privee UBP SA grew its holdings in Union Pacific by 9.8% in the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock worth $12,492,000 after purchasing an additional 4,707 shares during the period. Midwest Trust Co boosted its position in shares of Union Pacific by 2.8% during the 3rd quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after purchasing an additional 7,759 shares in the last quarter. CX Institutional grew its stake in shares of Union Pacific by 39.8% in the 3rd quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock valued at $15,559,000 after buying an additional 18,742 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of Union Pacific by 15.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock valued at $31,955,000 after buying an additional 17,696 shares during the period. Finally, AustralianSuper Pty Ltd bought a new stake in Union Pacific in the 3rd quarter valued at about $802,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $260.55 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The stock has a market cap of $154.61 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 2.84 and a beta of 0.98. The stock’s fifty day simple moving average is $236.44 and its two-hundred day simple moving average is $228.65. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $265.37.

Union Pacific (NYSE:UNP) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. During the same quarter in the prior year, the company earned $2.91 EPS. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

Wall Street Analyst Weigh In

UNP has been the subject of a number of research reports. Barclays reissued an “overweight” rating and issued a $285.00 price objective (up previously from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a research report on Wednesday, January 7th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Finally, Citigroup reaffirmed a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.32.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.