Holistic Financial Partners raised its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 8.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,585 shares of the railroad operator’s stock after purchasing an additional 125 shares during the period. Holistic Financial Partners’ holdings in Union Pacific were worth $391,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Edgestream Partners L.P. bought a new position in Union Pacific during the first quarter valued at approximately $217,000. Capitolis Liquid Global Markets LLC purchased a new stake in Union Pacific during the first quarter valued at $11,067,000. Atlanta Consulting Group Advisors LLC purchased a new position in Union Pacific in the first quarter worth about $1,452,000. Bessemer Group Inc. increased its position in shares of Union Pacific by 13.6% during the 1st quarter. Bessemer Group Inc. now owns 667,997 shares of the railroad operator’s stock valued at $164,282,000 after purchasing an additional 80,147 shares during the last quarter. Finally, Lake Street Advisors Group LLC lifted its stake in shares of Union Pacific by 49.1% in the 1st quarter. Lake Street Advisors Group LLC now owns 7,754 shares of the railroad operator’s stock worth $1,907,000 after purchasing an additional 2,554 shares during the period. Institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Royal Bank of Canada dropped their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Wells Fargo & Company decreased their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Susquehanna cut their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. TD Cowen dropped their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $259.80.
Union Pacific Price Performance
Shares of UNP opened at $235.57 on Monday. 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 50 day moving average price of $241.86 and a 200-day moving average price of $238.62. Union Pacific Co. has a fifty-two week low of $216.79 and a fifty-two week high of $258.66. The stock has a market capitalization of $142.82 billion, a PE ratio of 21.63, a PEG ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the prior year, the business posted $2.51 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. Equities analysts predict that Union Pacific Co. will post 10.94 earnings per share 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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