Solstein Capital LLC Boosts Stake in Union Pacific Corporation $UNP

Solstein Capital LLC boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 6.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,145 shares of the railroad operator’s stock after buying an additional 138 shares during the period. Solstein Capital LLC’s holdings in Union Pacific were worth $494,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of UNP. Nuveen LLC acquired a new stake in shares of Union Pacific in the 1st quarter worth $988,822,000. Goldman Sachs Group Inc. boosted its position in shares of Union Pacific by 29.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock worth $873,878,000 after purchasing an additional 850,025 shares in the last quarter. Auto Owners Insurance Co boosted its position in shares of Union Pacific by 61,054.6% in the 1st quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after purchasing an additional 623,978 shares in the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in shares of Union Pacific in the 1st quarter worth $115,096,000. Finally, Canada Pension Plan Investment Board boosted its position 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. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UNP. Wells Fargo & Company raised their price objective on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Evercore ISI lowered their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research report on Friday, July 25th. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. Finally, Morgan Stanley reduced their target price on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Performance

Shares of UNP stock opened at $216.56 on Monday. The firm has a market capitalization of $128.44 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 2.27 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 0.60. The business has a fifty day moving average of $224.95 and a 200 day moving average of $224.40. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

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