Interchange Capital Partners LLC Acquires 52 Shares of Union Pacific Corporation $UNP

Interchange Capital Partners LLC lifted its holdings in Union Pacific Corporation (NYSE:UNP) by 4.7% during the 2nd quarter, Holdings Channel reports. The fund owned 1,168 shares of the railroad operator’s stock after acquiring an additional 52 shares during the quarter. Interchange Capital Partners LLC’s holdings in Union Pacific were worth $269,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of UNP. GAMMA Investing LLC grew its position in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after acquiring an additional 1,520 shares during the last quarter. Money Concepts Capital Corp bought a new stake in Union Pacific during the 1st quarter worth approximately $207,000. Mirae Asset Global Investments Co. Ltd. grew its position in Union Pacific by 21.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 67,123 shares of the railroad operator’s stock worth $15,583,000 after acquiring an additional 11,881 shares during the last quarter. 3Chopt Investment Partners LLC bought a new stake in Union Pacific during the 1st quarter worth approximately $313,000. Finally, Allspring Global Investments Holdings LLC grew its position in Union Pacific by 3.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 79,752 shares of the railroad operator’s stock worth $18,915,000 after acquiring an additional 2,369 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on UNP. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. Sanford C. Bernstein boosted their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. UBS Group set a $253.00 price objective on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Wells Fargo & Company boosted their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, The Goldman Sachs Group set a $263.00 price objective on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $216.56 on Monday. The firm has a fifty day moving average of $224.95 and a two-hundred day moving average of $224.40. The stock has a market capitalization of $128.44 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.27 and a beta of 1.07. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.75 EPS. As a group, equities research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current 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.