Creative Planning Has $62.44 Million Holdings in Union Pacific Co. (NYSE:UNP)

Creative Planning increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 6.7% during the third quarter, Holdings Channel.com reports. The fund owned 258,290 shares of the railroad operator’s stock after purchasing an additional 16,272 shares during the quarter. Creative Planning’s holdings in Union Pacific were worth $62,439,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. RFG Advisory LLC grew its position in Union Pacific by 2.9% during the first quarter. RFG Advisory LLC now owns 6,540 shares of the railroad operator’s stock worth $1,608,000 after buying an additional 182 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Union Pacific by 36.2% in the first quarter. International Assets Investment Management LLC now owns 4,457 shares of the railroad operator’s stock worth $1,084,000 after purchasing an additional 1,185 shares during the period. Salem Investment Counselors Inc. raised its stake in Union Pacific by 5.0% in the first quarter. Salem Investment Counselors Inc. now owns 3,389 shares of the railroad operator’s stock valued at $834,000 after purchasing an additional 162 shares in the last quarter. Cooper Financial Group lifted its position in Union Pacific by 32.3% during the first quarter. Cooper Financial Group now owns 2,273 shares of the railroad operator’s stock worth $559,000 after purchasing an additional 555 shares during the period. Finally, Northwest Investment Counselors LLC acquired a new stake in Union Pacific during the first quarter worth about $104,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on UNP shares. Citigroup initiated coverage on shares of Union Pacific in a research report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 target price for the company. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Stifel Nicolaus decreased their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Benchmark restated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Monday, July 29th. Finally, Barclays decreased their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $259.25.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $244.10 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a one year low of $199.97 and a one year high of $258.66. The business’s 50 day simple moving average is $246.41 and its 200 day simple moving average is $238.61. The stock has a market capitalization of $148.93 billion, a PE ratio of 23.29, a PEG ratio of 2.27 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.57 earnings per share. As a group, research analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current year.

Union Pacific Company 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.