Fiduciary Family Office LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 88.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,165 shares of the railroad operator’s stock after acquiring an additional 1,958 shares during the quarter. Fiduciary Family Office LLC’s holdings in Union Pacific were worth $1,027,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of UNP. Forum Financial Management LP grew its position in Union Pacific by 0.6% in the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after acquiring an additional 41 shares in the last quarter. Fairhaven Wealth Management LLC grew its position in Union Pacific by 1.7% during the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after purchasing an additional 43 shares in the last quarter. Chesapeake Wealth Management grew its position in Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after acquiring an additional 43 shares in the last quarter. Fortis Capital Advisors LLC boosted its holdings in shares of Union Pacific by 5.0% during the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after buying an additional 44 shares during the period. Finally, Azzad Asset Management Inc. ADV raised its stake in Union Pacific by 0.5% during the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Susquehanna cut their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Citigroup initiated coverage on Union Pacific in a report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price objective on the stock. Finally, Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and dropped their price target for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $259.15.
Union Pacific Stock Performance
UNP stock traded up $3.06 during trading hours on Tuesday, reaching $232.97. The stock had a trading volume of 245,609 shares, compared to its average volume of 2,285,842. The stock has a market capitalization of $141.24 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 2.30 and a beta of 1.06. The stock has a 50-day simple moving average of $244.29 and a 200 day simple moving average of $238.45. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the business earned $2.51 earnings per share. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts predict that Union Pacific Co. will post 10.97 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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