WealthPLAN Partners LLC Cuts Position in Union Pacific Co. (NYSE:UNP)

WealthPLAN Partners LLC trimmed its position in shares of Union Pacific Co. (NYSE:UNP) by 2.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,896 shares of the railroad operator’s stock after selling 527 shares during the period. WealthPLAN Partners LLC’s holdings in Union Pacific were worth $5,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific in the 2nd quarter worth $28,000. Cultivar Capital Inc. bought a new position in shares of Union Pacific in the 2nd quarter valued at about $27,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the third quarter worth about $30,000. Jamison Private Wealth Management Inc. increased its stake in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific during the second quarter valued at approximately $31,000. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on UNP shares. Sanford C. Bernstein dropped their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Citigroup assumed coverage on Union Pacific in a research note on Wednesday, October 9th. They set a “neutral” rating and a $264.00 target price on the stock. Royal Bank of Canada decreased their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $241.95 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $146.68 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 2.39 and a beta of 1.06. The firm has a 50 day moving average of $243.38 and a 200 day moving average of $238.67. Union Pacific Co. has a 52 week low of $208.14 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the company earned $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

About Union Pacific

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.