Union Pacific Co. (NYSE:UNP) Stake Boosted by Apollon Wealth Management LLC

Apollon Wealth Management LLC increased its stake in Union Pacific Co. (NYSE:UNP) by 1.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,268 shares of the railroad operator’s stock after purchasing an additional 411 shares during the quarter. Apollon Wealth Management LLC’s holdings in Union Pacific were worth $9,925,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $28,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter worth approximately $27,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific during the third quarter worth approximately $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific in the second quarter valued at $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on UNP shares. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their price target for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Wells Fargo & Company cut 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. Benchmark restated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Finally, Barclays decreased their price target on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Nine 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’s stock. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Stock Performance

NYSE:UNP opened at $241.95 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $208.14 and a 12-month high of $258.66. The stock has a 50-day moving average price of $243.38 and a 200 day moving average price of $238.67. The stock has a market capitalization of $146.68 billion, a P/E ratio of 22.22, a P/E/G ratio of 2.39 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.51 EPS. Equities research analysts forecast that Union Pacific Co. will post 10.94 EPS 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.