R Squared Ltd Buys New Position in Union Pacific Corporation $UNP

R Squared Ltd purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,046 shares of the railroad operator’s stock, valued at approximately $701,000.

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

Union Pacific Trading Down 2.3%

Shares of UNP stock opened at $220.05 on Friday. The stock has a 50 day simple moving average of $225.03 and a 200 day simple moving average of $224.22. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year 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 cap of $130.51 billion, a P/E ratio of 19.12, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same period in the prior year, the company posted $2.75 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. On average, research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley dropped their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. Sanford C. Bernstein boosted their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. BMO Capital Markets increased their price target on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Wells Fargo & Company upped their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $261.58.

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.