Oak Harbor Wealth Partners LLC Buys 302 Shares of Union Pacific Co. (NYSE:UNP)

Oak Harbor Wealth Partners LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,981 shares of the railroad operator’s stock after acquiring an additional 302 shares during the quarter. Oak Harbor Wealth Partners LLC’s holdings in Union Pacific were worth $2,214,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Lifeworks Advisors LLC bought a new stake in Union Pacific during the 3rd quarter valued at approximately $343,000. Tokio Marine Asset Management Co. Ltd. boosted its stake in Union Pacific by 8.8% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 16,117 shares of the railroad operator’s stock valued at $3,973,000 after purchasing an additional 1,306 shares during the period. Metis Global Partners LLC boosted its stake in Union Pacific by 2.5% during the 3rd quarter. Metis Global Partners LLC now owns 26,748 shares of the railroad operator’s stock valued at $6,593,000 after purchasing an additional 649 shares during the period. Bretton Capital Management LLC bought a new stake in Union Pacific during the 3rd quarter valued at approximately $3,783,000. Finally, Planning Capital Management Corp boosted its stake in Union Pacific by 7.1% during the 3rd quarter. Planning Capital Management Corp now owns 939 shares of the railroad operator’s stock valued at $232,000 after purchasing an additional 62 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP opened at $235.58 on Friday. Union Pacific Co. has a 52-week low of $215.81 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market cap of $142.82 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.38 and a beta of 1.06. The stock’s 50-day simple moving average is $242.46 and its 200 day simple moving average is $238.64.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the business posted $2.51 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, sell-side analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the company. Benchmark reaffirmed a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. Wells Fargo & Company cut their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Raymond James increased their price objective on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Finally, StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

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.