Zions Bancorporation N.A. Boosts Holdings in Union Pacific Co. (NYSE:UNP)

Zions Bancorporation N.A. raised its position in Union Pacific Co. (NYSE:UNP) by 28.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 17,671 shares of the railroad operator’s stock after acquiring an additional 3,914 shares during the quarter. Zions Bancorporation N.A.’s holdings in Union Pacific were worth $4,356,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in UNP. Koshinski Asset Management Inc. raised its holdings in shares of Union Pacific by 29.5% during the 1st quarter. Koshinski Asset Management Inc. now owns 2,571 shares of the railroad operator’s stock worth $632,000 after acquiring an additional 585 shares during the period. Kingsview Wealth Management LLC increased its stake in Union Pacific by 7.4% during the 1st quarter. Kingsview Wealth Management LLC now owns 24,109 shares of the railroad operator’s stock worth $5,929,000 after buying an additional 1,658 shares during the period. Leo Wealth LLC raised its stake in shares of Union Pacific by 48.1% in the first quarter. Leo Wealth LLC now owns 1,579 shares of the railroad operator’s stock valued at $387,000 after acquiring an additional 513 shares in the last quarter. Trillium Asset Management LLC raised its position in Union Pacific by 1,025.0% in the 1st quarter. Trillium Asset Management LLC now owns 61,517 shares of the railroad operator’s stock valued at $15,129,000 after purchasing an additional 56,049 shares in the last quarter. Finally, Brighton Jones LLC lifted its stake in Union Pacific by 7.2% in the first quarter. Brighton Jones LLC now owns 11,109 shares of the railroad operator’s stock worth $2,732,000 after acquiring an additional 749 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UNP has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Stifel Nicolaus dropped their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Royal Bank of Canada decreased their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Performance

Shares of UNP stock opened at $240.34 on Thursday. 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 stock has a market cap of $145.71 billion, a PE ratio of 22.07, a P/E/G ratio of 2.36 and a beta of 1.06. Union Pacific Co. has a 1 year low of $212.47 and a 1 year high of $258.66. The stock has a fifty day moving average price of $242.46 and a 200 day moving average price of $238.64.

Union Pacific (NYSE:UNP) last announced its 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). The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.51 EPS. Sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal 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.