Union Pacific Co. (NYSE:UNP) Shares Bought by Fortitude Family Office LLC

Fortitude Family Office LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 34.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 244 shares of the railroad operator’s stock after acquiring an additional 63 shares during the period. Fortitude Family Office LLC’s holdings in Union Pacific were worth $60,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Forum Financial Management LP raised 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 purchasing an additional 41 shares during the period. Fairhaven Wealth Management LLC raised its holdings in Union Pacific by 1.7% in the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares during the period. Chesapeake Wealth Management lifted 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 valued at $1,856,000 after buying an additional 43 shares during the last quarter. Fortis Capital Advisors LLC boosted its stake in Union Pacific by 5.0% during the first 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 increased its position in shares of Union Pacific by 0.5% during the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after acquiring an additional 44 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $232.05 on Wednesday. Union Pacific Co. has a 12 month low of $202.41 and a 12 month 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. The firm has a market capitalization of $140.68 billion, a PE ratio of 21.31, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The business’s fifty day moving average price is $245.45 and its 200 day moving average price is $238.43.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion during 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 was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.51 EPS. On average, sell-side analysts anticipate that Union Pacific Co. will post 11.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on UNP. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Royal Bank of Canada cut 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. Sanford C. Bernstein lowered their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Finally, Barclays dropped their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Nine research 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $259.15.

About Union Pacific

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.