Cyndeo Wealth Partners LLC Purchases 15,446 Shares of Union Pacific Co. (NYSE:UNP)

Cyndeo Wealth Partners LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 50.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,075 shares of the railroad operator’s stock after acquiring an additional 15,446 shares during the quarter. Union Pacific accounts for approximately 0.8% of Cyndeo Wealth Partners LLC’s investment portfolio, making the stock its 29th biggest holding. Cyndeo Wealth Partners LLC’s holdings in Union Pacific were worth $11,357,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ameriprise Financial Inc. increased its holdings in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after acquiring an additional 518,985 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after acquiring an additional 124,571 shares in the last quarter. Clearbridge Investments LLC grew its stake in shares of Union Pacific by 5.7% in the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock valued at $1,081,348,000 after acquiring an additional 237,083 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in shares of Union Pacific by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after acquiring an additional 322,129 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on UNP shares. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. BMO Capital Markets reduced their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. TD Cowen reduced their price objective on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Finally, 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 note on Monday, September 30th. 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. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.25.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction that occurred on 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 transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 1.0 %

Shares of NYSE UNP opened at $244.10 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66. The company has a 50 day simple moving average of $246.41 and a 200 day simple moving average of $238.61. The firm has a market cap of $148.93 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05.

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

Union Pacific Company 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.