Von Berge Wealth Management Group LLC decreased its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 3.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,228 shares of the railroad operator’s stock after selling 48 shares during the quarter. Von Berge Wealth Management Group LLC’s holdings in Union Pacific were worth $305,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the 2nd quarter valued at $28,000. Cultivar Capital Inc. purchased a new position in Union Pacific in the 2nd quarter valued at $27,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the 3rd quarter valued at $30,000. 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. Finally, Fairscale Capital LLC purchased a new position in Union Pacific in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have weighed in on UNP. Royal Bank of Canada decreased their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Susquehanna reduced their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Wells Fargo & Company reduced their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Raymond James lifted their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Finally, Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and reduced their price target for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.
Union Pacific Stock Performance
NYSE UNP opened at $242.39 on Friday. The company has a market cap of $146.95 billion, a P/E ratio of 22.26, a P/E/G ratio of 2.37 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a 50-day moving average of $240.53 and a two-hundred day moving average of $238.51. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.51 earnings per share. As a group, analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current 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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