Clifford Swan Investment Counsel LLC Acquires 8,373 Shares of Union Pacific Corporation $UNP

Clifford Swan Investment Counsel LLC raised its holdings in Union Pacific Corporation (NYSE:UNP) by 14.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,209 shares of the railroad operator’s stock after buying an additional 8,373 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Union Pacific were worth $15,003,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Pines Wealth Management LLC lifted its holdings in Union Pacific by 1.7% during the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after purchasing an additional 43 shares during the last quarter. Titleist Asset Management LLC raised its position in shares of Union Pacific by 1.1% in the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares during the period. Five Oceans Advisors lifted its stake in shares of Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after buying an additional 44 shares during the last quarter. St. Johns Investment Management Company LLC lifted its stake in shares of Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after buying an additional 46 shares during the last quarter. Finally, Schubert & Co boosted its holdings in shares of Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after buying an additional 47 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Susquehanna reissued a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Citigroup reaffirmed a “buy” rating and issued a $263.00 price objective (up from $251.00) on shares of Union Pacific in a report on Monday, October 13th. Morgan Stanley decreased their price target on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday, July 7th. Finally, Baird R W raised shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $261.58.

Union Pacific Stock Performance

NYSE UNP opened at $225.35 on Thursday. The firm’s 50 day simple moving average is $225.06 and its 200 day simple moving average is $224.15. The firm has a market capitalization of $133.66 billion, a price-to-earnings ratio of 19.58, a P/E/G ratio of 2.35 and a beta of 1.07. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate 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 quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.74 earnings per share. As a group, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share 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.