Opal Wealth Advisors LLC Decreases Position in Union Pacific Co. (NYSE:UNP)

Opal Wealth Advisors LLC reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 3.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,429 shares of the railroad operator’s stock after selling 80 shares during the quarter. Opal Wealth Advisors LLC’s holdings in Union Pacific were worth $599,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Acorn Creek Capital LLC boosted its stake in Union Pacific by 20.1% in the 3rd quarter. Acorn Creek Capital LLC now owns 1,263 shares of the railroad operator’s stock worth $311,000 after purchasing an additional 211 shares in the last quarter. QV Investors Inc. raised its stake in Union Pacific by 0.3% in the 3rd quarter. QV Investors Inc. now owns 52,051 shares of the railroad operator’s stock worth $12,830,000 after acquiring an additional 150 shares during the last quarter. Lynch & Associates IN lifted its position in Union Pacific by 10.9% during the 3rd quarter. Lynch & Associates IN now owns 7,901 shares of the railroad operator’s stock worth $1,947,000 after acquiring an additional 779 shares during the period. Boomfish Wealth Group LLC lifted its position in Union Pacific by 2.2% during the 3rd quarter. Boomfish Wealth Group LLC now owns 6,218 shares of the railroad operator’s stock worth $1,533,000 after acquiring an additional 135 shares during the period. Finally, Creative Planning increased its holdings in shares of Union Pacific by 6.7% in the third quarter. Creative Planning now owns 258,290 shares of the railroad operator’s stock valued at $62,439,000 after purchasing an additional 16,272 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on UNP shares. TD Cowen decreased their target price on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a report on Friday, July 26th. Susquehanna upped their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Raymond James upped their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday. Finally, StockNews.com downgraded 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 given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.25.

Union Pacific Trading Up 0.2 %

Shares of UNP opened at $245.79 on Wednesday. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The stock has a market cap of $149.96 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of 2.21 and a beta of 1.05. The firm’s fifty day moving average is $246.03 and its two-hundred day moving average is $238.54. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the previous year, the business posted $2.57 earnings per share. Research analysts forecast that Union Pacific Co. will post 11.06 earnings per share for the current fiscal year.

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.