Union Pacific Co. (NYSE:UNP) Shares Acquired by Taylor Hoffman Wealth Management

Taylor Hoffman Wealth Management grew its stake in Union Pacific Co. (NYSE:UNP) by 8.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,757 shares of the railroad operator’s stock after acquiring an additional 433 shares during the quarter. Taylor Hoffman Wealth Management’s holdings in Union Pacific were worth $933,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Krane Funds Advisors LLC acquired a new stake in shares of Union Pacific during the 2nd quarter worth about $25,000. Selective Wealth Management Inc. acquired a new stake in shares of Union Pacific during the 3rd quarter worth about $25,000. Candriam Luxembourg S.C.A. increased its position in shares of Union Pacific by 10.1% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 163,196 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 14,927 shares during the last quarter. River & Mercantile Asset Management LLP purchased a new position in Union Pacific during the 2nd quarter valued at about $29,000. Finally, Mackey Komara & Dankovich LLC boosted its holdings in Union Pacific by 549.7% during the 2nd quarter. Mackey Komara & Dankovich LLC now owns 1,124 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 951 shares during the period. 79.29% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts recently commented on UNP shares. Loop Capital raised their target price on Union Pacific to $191.00 in a report on Friday, July 19th. UBS Group lowered their target price on Union Pacific from $193.00 to $184.00 and set a “buy” rating for the company in a report on Friday, October 18th. Morgan Stanley lowered their target price on Union Pacific from $138.00 to $136.00 and set an “underweight” rating for the company in a report on Friday, October 18th. BMO Capital Markets lowered their target price on Union Pacific from $190.00 to $188.00 and set an “outperform” rating for the company in a report on Friday, October 18th. Finally, Cowen reiterated a “buy” rating and issued a $172.00 price objective on shares of Union Pacific in a research note on Thursday, October 17th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company. Union Pacific currently has an average rating of “Buy” and an average price target of $178.67.

UNP traded down $0.91 during trading on Friday, hitting $176.10. 1,423,758 shares of the stock were exchanged, compared to its average volume of 3,548,266. The firm has a market capitalization of $123.41 billion, a P/E ratio of 22.26, a PEG ratio of 2.09 and a beta of 1.06. Union Pacific Co. has a 1-year low of $128.08 and a 1-year high of $180.54. The stock has a fifty day moving average price of $164.85 and a two-hundred day moving average price of $168.95. The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 1.35.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 17th. The railroad operator reported $2.22 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.07). The firm had revenue of $5.52 billion for the quarter, compared to analyst estimates of $5.65 billion. Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The company’s quarterly revenue was down 7.0% on a year-over-year basis. During the same period last year, the firm earned $2.15 EPS. Analysts predict that Union Pacific Co. will post 8.52 EPS for the current year.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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