Union Pacific Co. (NYSE:UNP) Shares Bought by GAM Holding AG

GAM Holding AG grew its position in shares of Union Pacific Co. (NYSE:UNP) by 1.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,406 shares of the railroad operator’s stock after purchasing an additional 189 shares during the quarter. GAM Holding AG’s holdings in Union Pacific were worth $2,565,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of UNP. AdvisorNet Financial Inc boosted its holdings in shares of Union Pacific by 3.4% during the first quarter. AdvisorNet Financial Inc now owns 2,468 shares of the railroad operator’s stock valued at $607,000 after acquiring an additional 82 shares during the period. Sound Income Strategies LLC lifted its holdings in Union Pacific by 39.4% in the first quarter. Sound Income Strategies LLC now owns 605 shares of the railroad operator’s stock worth $149,000 after purchasing an additional 171 shares during the period. Kingswood Wealth Advisors LLC lifted its holdings in Union Pacific by 5.9% in the first quarter. Kingswood Wealth Advisors LLC now owns 6,285 shares of the railroad operator’s stock worth $1,546,000 after purchasing an additional 349 shares during the period. Atlas Capital Advisors LLC lifted its holdings in Union Pacific by 4.1% in the first quarter. Atlas Capital Advisors LLC now owns 1,264 shares of the railroad operator’s stock worth $311,000 after purchasing an additional 50 shares during the period. Finally, Elevated Capital Advisors LLC lifted its holdings in Union Pacific by 3.6% in the first quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock worth $312,000 after purchasing an additional 44 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Barclays reduced their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a report on Friday, July 26th. Royal Bank of Canada upped their price objective on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. Finally, Benchmark reiterated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Monday, July 29th. Nine investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $260.53.

Union Pacific Trading Up 0.5 %

Shares of NYSE UNP opened at $241.46 on Wednesday. The stock has a market cap of $147.10 billion, a price-to-earnings ratio of 22.67, a PEG ratio of 2.26 and a beta of 1.05. The business has a 50 day simple moving average of $246.56 and a 200 day simple moving average of $238.58. Union Pacific Co. has a 52 week low of $199.97 and a 52 week high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.57 EPS. On average, research analysts predict that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s 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 completion of the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.28% of the stock is currently owned by company insiders.

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.