Glenmede Trust Co. NA raised its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 376,303 shares of the railroad operator’s stock after purchasing an additional 1,844 shares during the quarter. Glenmede Trust Co. NA owned 0.06% of Union Pacific worth $92,751,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of UNP. Continuum Wealth Advisors LLC bought a new position in shares of Union Pacific during the first quarter valued at $399,000. LRI Investments LLC bought a new stake in Union Pacific during the first quarter worth about $190,000. Swedbank AB acquired a new stake in shares of Union Pacific during the first quarter worth approximately $36,938,000. Atria Investments Inc raised its stake in shares of Union Pacific by 5.7% in the first quarter. Atria Investments Inc now owns 59,892 shares of the railroad operator’s stock valued at $14,728,000 after acquiring an additional 3,255 shares during the last quarter. Finally, BigSur Wealth Management LLC raised its stake in shares of Union Pacific by 1.7% in the first quarter. BigSur Wealth Management LLC now owns 2,805 shares of the railroad operator’s stock valued at $690,000 after acquiring an additional 48 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on UNP. Stifel Nicolaus dropped their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Susquehanna cut 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. Daiwa America lowered 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 research note on Tuesday, October 1st. Finally, Citigroup increased their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.
Union Pacific Trading Down 1.5 %
NYSE:UNP opened at $245.63 on Wednesday. The business’s 50-day simple moving average is $240.31 and its 200-day simple moving average is $238.46. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market capitalization of $148.92 billion, a PE ratio of 22.56, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the business posted $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Sell-side analysts expect that Union Pacific Co. will post 10.94 earnings per share 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.
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