Elser Financial Planning Inc Purchases 3,202 Shares of Union Pacific Corporation $UNP

Elser Financial Planning Inc boosted its position in shares of Union Pacific Corporation (NYSE:UNP) by 87.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,882 shares of the railroad operator’s stock after buying an additional 3,202 shares during the period. Union Pacific makes up about 1.2% of Elser Financial Planning Inc’s portfolio, making the stock its 16th biggest holding. Elser Financial Planning Inc’s holdings in Union Pacific were worth $1,592,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Caitlin John LLC purchased a new stake in shares of Union Pacific during the 3rd quarter worth approximately $27,000. Saranac Partners Ltd purchased a new position in shares of Union Pacific in the third quarter valued at $27,000. Howard Hughes Medical Institute bought a new stake in Union Pacific in the second quarter worth $30,000. Total Investment Management Inc. bought a new stake in Union Pacific in the second quarter worth $31,000. Finally, Stephens Consulting LLC raised its stake in Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on UNP. BMO Capital Markets reiterated a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a research report on Thursday, February 19th. Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. JPMorgan Chase & Co. decreased their target price on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Sanford C. Bernstein lifted their price target on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $265.18.

Union Pacific Trading Up 1.4%

UNP stock opened at $242.55 on Wednesday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14. The stock has a market capitalization of $143.93 billion, a price-to-earnings ratio of 20.26, a price-to-earnings-growth ratio of 2.61 and a beta of 0.95. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The firm’s fifty day simple moving average is $248.96 and its two-hundred day simple moving average is $235.56.

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

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, February 27th. Union Pacific’s dividend payout ratio is 46.12%.

Union Pacific Company 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.