Union Pacific Co. (NYSE:UNP) is New England Professional Planning Group Inc.’s 9th Largest Position

New England Professional Planning Group Inc. grew its holdings in Union Pacific Co. (NYSE:UNP) by 84.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,367 shares of the railroad operator’s stock after buying an additional 2,001 shares during the period. Union Pacific makes up 0.6% of New England Professional Planning Group Inc.’s portfolio, making the stock its 9th largest holding. New England Professional Planning Group Inc.’s holdings in Union Pacific were worth $1,074,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. OLD Point Trust & Financial Services N A bought a new stake in Union Pacific in the fourth quarter worth about $25,000. Raleigh Capital Management Inc. lifted its stake in shares of Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 74 shares during the last quarter. Valued Wealth Advisors LLC bought a new position in Union Pacific in the 4th quarter valued at $28,000. Scarborough Advisors LLC purchased a new stake in Union Pacific in the fourth quarter worth $29,000. Finally, Transcendent Capital Group LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $34,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

UNP traded down $0.55 on Wednesday, hitting $223.51. 337,687 shares of the company’s stock were exchanged, compared to its average volume of 2,296,714. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The firm has a 50-day moving average price of $233.66 and a 200-day moving average price of $240.52. The stock has a market cap of $136.37 billion, a price-to-earnings ratio of 21.31, a P/E/G ratio of 1.82 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.67 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be given a $1.30 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.33%. Union Pacific’s payout ratio is currently 49.62%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on UNP shares. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and reduced their price target for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Benchmark raised their price target on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Stifel Nicolaus raised shares of Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the company from $248.00 to $267.00 in a research report on Friday, May 3rd. Evercore ISI raised their target price on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Finally, Wells Fargo & Company started coverage on shares of Union Pacific in a research report on Friday, June 7th. They set an “overweight” rating and a $270.00 target price on the stock. Eight equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $258.92.

Union Pacific Profile

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.