Curated Wealth Partners LLC Increases Holdings in Union Pacific Corporation $UNP

Curated Wealth Partners LLC increased its stake in Union Pacific Corporation (NYSE:UNP) by 1.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,445 shares of the railroad operator’s stock after purchasing an additional 57 shares during the quarter. Curated Wealth Partners LLC’s holdings in Union Pacific were worth $1,023,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in UNP. GAMMA Investing LLC grew its holdings in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock valued at $2,491,000 after buying an additional 1,520 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Union Pacific by 12.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 162,314 shares of the railroad operator’s stock worth $38,345,000 after acquiring an additional 18,453 shares during the period. Sound Income Strategies LLC increased its holdings in Union Pacific by 25.2% during the 1st quarter. Sound Income Strategies LLC now owns 630 shares of the railroad operator’s stock worth $149,000 after acquiring an additional 127 shares during the period. Exchange Traded Concepts LLC increased its holdings in Union Pacific by 83.3% during the 1st quarter. Exchange Traded Concepts LLC now owns 792 shares of the railroad operator’s stock worth $187,000 after acquiring an additional 360 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in Union Pacific by 3.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 227,148 shares of the railroad operator’s stock worth $53,662,000 after acquiring an additional 6,804 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on UNP. Sanford C. Bernstein boosted their price target on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Baird R W upgraded Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. Barclays cut Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. reduced their target price on Union Pacific from $267.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Finally, Evercore ISI cut their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $261.58.

Union Pacific Price Performance

UNP opened at $227.10 on Wednesday. The stock has a 50-day moving average price of $224.61 and a 200-day moving average price of $224.27. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of $134.70 billion, a P/E ratio of 19.73, a PEG ratio of 2.35 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. The firm had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.74 EPS. Equities analysts predict that Union Pacific Corporation will post 11.99 earnings per share 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.