Mutual Advisors LLC boosted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 2.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,494 shares of the railroad operator’s stock after acquiring an additional 251 shares during the period. Mutual Advisors LLC’s holdings in Union Pacific were worth $2,191,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Cultivar Capital Inc. acquired a new stake in Union Pacific in the 2nd quarter valued at about $27,000. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. lifted its holdings in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares in the last quarter. Fairscale Capital LLC purchased a new position in Union Pacific in the 2nd quarter valued at about $31,000. Finally, Jamison Private Wealth Management Inc. lifted its holdings in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on UNP. Benchmark restated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Citigroup began coverage on shares of Union Pacific in a report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 target price on the stock. Bank of America reduced their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Sanford C. Bernstein cut their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Finally, Wells Fargo & Company cut their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. 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 company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $259.15.
Union Pacific Trading Down 0.0 %
UNP opened at $232.07 on Friday. The firm has a market capitalization of $140.69 billion, a P/E ratio of 21.31, a P/E/G ratio of 2.26 and a beta of 1.05. The firm’s 50 day moving average is $244.94 and its 200-day moving average is $238.34. Union Pacific Co. has a 52-week low of $204.63 and a 52-week high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.51 EPS. Analysts expect that Union Pacific Co. will post 11.02 EPS for the current fiscal year.
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.
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