Union Pacific Co. (NYSE:UNP) Shares Purchased by Prospera Private Wealth LLC

Prospera Private Wealth LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 5,203.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,099 shares of the railroad operator’s stock after buying an additional 46,211 shares during the quarter. Union Pacific comprises approximately 2.1% of Prospera Private Wealth LLC’s investment portfolio, making the stock its 8th largest holding. Prospera Private Wealth LLC’s holdings in Union Pacific were worth $11,609,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific during the second quarter worth $28,000. Cultivar Capital Inc. purchased a new position in shares of Union Pacific during the 2nd quarter valued at about $27,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the period. Finally, Fairscale Capital LLC purchased a new stake in shares of Union Pacific in the second quarter worth about $31,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on UNP. TD Cowen reduced their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Robert W. Baird cut their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Sanford C. Bernstein lowered their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Performance

NYSE UNP opened at $233.29 on Wednesday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1-year low of $216.92 and a 1-year high of $258.66. The company has a market cap of $141.43 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The stock’s 50 day simple moving average is $241.14 and its 200-day simple moving average is $238.55.

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 the consensus estimate 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 company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $2.51 EPS. As a group, equities research analysts anticipate that Union Pacific Co. will post 10.94 EPS 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.