Leavell Investment Management Inc. Buys 302 Shares of Union Pacific Corporation $UNP

Leavell Investment Management Inc. raised its position in Union Pacific Corporation (NYSE:UNP) by 3.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,732 shares of the railroad operator’s stock after acquiring an additional 302 shares during the quarter. Leavell Investment Management Inc.’s holdings in Union Pacific were worth $2,239,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. CBIZ Investment Advisory Services LLC grew its stake in Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific during the 1st quarter valued at $32,000. WPG Advisers LLC acquired a new stake in Union Pacific during the first quarter worth about $33,000. Cornerstone Planning Group LLC increased its stake in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares during the last quarter. Finally, GFG Capital LLC acquired a new position in Union Pacific during the second quarter worth about $38,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 1.6%

Shares of NYSE:UNP opened at $216.56 on Friday. The company has a market cap of $128.44 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.25 and a beta of 1.07. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.53. The firm has a fifty day moving average price of $224.95 and a two-hundred day moving average price of $224.39. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.75 EPS. Analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on UNP. UBS Group set a $253.00 price target on Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. Robert W. Baird initiated coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective on the stock. Citigroup boosted their price target on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a research note on Friday. Sanford C. Bernstein upped their price target on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Finally, Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and upped their price objective for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

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.