Verdence Capital Advisors LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 3.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 11,509 shares of the railroad operator’s stock after acquiring an additional 384 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Union Pacific were worth $2,837,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of UNP. Cultivar Capital Inc. purchased a new position in shares of Union Pacific during the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific during the 2nd quarter worth $28,000. Financial Gravity Asset Management Inc. increased its stake in Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter valued at about $30,000. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific during the second quarter worth about $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and dropped their price target for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Barclays cut 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. Citigroup assumed coverage on shares of Union Pacific in a research report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price objective on the stock. Raymond James upped their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Finally, Stifel Nicolaus lowered their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Nine research 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.15.
Union Pacific Stock Down 0.4 %
UNP opened at $241.49 on Friday. Union Pacific Co. has a one year low of $208.14 and a one year high of $258.66. The company has a market cap of $146.41 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.46 and a beta of 1.06. The business’s fifty day moving average is $243.38 and its two-hundred day moving average is $238.61. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 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 business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the company posted $2.51 earnings per share. Union Pacific’s revenue was up 2.5% on a year-over-year basis. Analysts anticipate that Union Pacific Co. will post 10.94 EPS 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.
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