Creative Planning Buys 16,272 Shares of Union Pacific Co. (NYSE:UNP)

Creative Planning raised its stake in Union Pacific Co. (NYSE:UNP) by 6.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 258,290 shares of the railroad operator’s stock after buying 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 Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Richardson Capital Management LLC bought a new position in Union Pacific during the 1st quarter worth approximately $26,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter worth $28,000. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the second quarter worth $27,000. Tributary Capital Management LLC acquired a new position in shares of Union Pacific in the 1st quarter valued at $30,000. Finally, Fairscale Capital LLC bought a new stake in shares of Union Pacific in the 2nd quarter valued at $31,000. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Trading Up 1.0 %

Shares of NYSE:UNP opened at $244.10 on Friday. The company has a 50-day simple moving average of $246.41 and a 200 day simple moving average of $238.61. The company has a market capitalization of $148.93 billion, a P/E ratio of 23.29, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66.

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

Analyst Ratings Changes

A number of research firms have issued reports on UNP. Barclays decreased their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Susquehanna lifted their price target on shares of Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Royal Bank of Canada increased their price objective on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, BMO Capital Markets lowered their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.25.

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.