Union Pacific Corporation $UNP Shares Bought by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton lifted its stake in Union Pacific Corporation (NYSE:UNP) by 6.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,421 shares of the railroad operator’s stock after acquiring an additional 83 shares during the period. Rosenberg Matthew Hamilton’s holdings in Union Pacific were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Northern Trust Corp raised its holdings in shares of Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock worth $1,678,575,000 after purchasing an additional 142,732 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Union Pacific by 5.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after purchasing an additional 354,463 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Union Pacific by 1.7% in the 1st quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after purchasing an additional 86,292 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of Union Pacific by 10.8% in the 1st quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after purchasing an additional 452,788 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of Union Pacific in the 1st quarter worth approximately $988,822,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. Citigroup reiterated a “buy” rating and issued a $263.00 target price (up from $251.00) on shares of Union Pacific in a report on Monday. Susquehanna restated a “positive” rating and set a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. BMO Capital Markets boosted their price target on shares of Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their price target for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. Finally, Robert W. Baird assumed coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.58.

Union Pacific Stock Up 0.6%

Union Pacific stock opened at $227.10 on Wednesday. The firm has a market cap of $134.70 billion, a PE ratio of 19.73, a P/E/G ratio of 2.35 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm’s 50 day moving average price is $224.61 and its two-hundred day moving average price is $224.27. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84.

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