Union Pacific Corporation $UNP Shares Newly Acquired by Oath Planning LLC

Oath Planning LLC bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the third quarter, Holdings Channel reports. The fund bought 2,306 shares of the railroad operator’s stock, valued at approximately $628,000.

Other large investors have also modified their holdings of the company. Wiser Advisor Group LLC bought a new position in shares of Union Pacific during the second quarter valued at approximately $30,000. Scarborough Advisors LLC purchased a new position in Union Pacific during the first quarter valued at approximately $27,000. Merkkuri Wealth Advisors LLC purchased a new position in Union Pacific during the first quarter valued at approximately $29,000. Kelly Lawrence W & Associates Inc. CA purchased a new position in Union Pacific during the second quarter valued at approximately $34,000. Finally, Clark Wealth Partners raised its stake in Union Pacific by 37.4% in the third quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock worth $37,000 after buying an additional 37 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP stock opened at $287.65 on Wednesday. The firm has a market cap of $170.89 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 2.85 and a beta of 0.95. The firm has a 50-day simple moving average of $287.53 and a two-hundred day simple moving average of $277.49. Union Pacific Corporation has a one year low of $215.53 and a one year high of $315.99. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business had revenue of $6.86 billion for the quarter, compared to analysts’ expectations of $6.72 billion. During the same period last year, the business earned $3.03 EPS. The company’s revenue was up 11.5% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Corporation will post 13.05 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, August 31st were given a dividend of $1.42 per share. The ex-dividend date of this dividend was Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s dividend payout ratio is currently 45.99%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UNP. The Goldman Sachs Group set a $317.00 price objective on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $335.00 target price (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Evercore reaffirmed an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a research report on Thursday, June 25th. JPMorgan Chase & Co. cut their price target on Union Pacific from $334.00 to $322.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Finally, Royal Bank Of Canada set a $326.00 price target on Union Pacific in a research report on Thursday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $325.00.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.