DRW Securities LLC raised its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 391.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,624 shares of the railroad operator’s stock after acquiring an additional 5,275 shares during the period. DRW Securities LLC’s holdings in Union Pacific were worth $1,633,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cultivar Capital Inc. acquired a new position in Union Pacific in the 2nd quarter valued at $27,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the 2nd quarter worth $28,000. Financial Gravity Asset Management Inc. raised its holdings in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific during the 3rd quarter worth $30,000. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific during the 2nd quarter worth $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on UNP shares. Wells Fargo & Company lowered their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Susquehanna lowered their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Barclays boosted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.
Union Pacific Trading Up 2.8 %
Shares of UNP stock opened at $249.29 on Tuesday. The stock has a 50-day moving average of $240.47 and a 200-day moving average of $238.48. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The stock has a market cap of $151.13 billion, a price-to-earnings ratio of 22.89, a PEG ratio of 2.40 and a beta of 1.06. 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 (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the business earned $2.51 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current 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.
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