Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 100,603 Shares of Union Pacific Corporation $UNP

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Union Pacific Corporation (NYSE:UNP) by 147.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 168,826 shares of the railroad operator’s stock after acquiring an additional 100,603 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Union Pacific were worth $38,843,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UNP. Nuveen LLC bought a new stake in Union Pacific in the first quarter valued at $988,822,000. Goldman Sachs Group Inc. grew its position in Union Pacific by 29.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after acquiring an additional 850,025 shares during the period. Auto Owners Insurance Co grew its position in Union Pacific by 61,054.6% in the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock valued at $147,650,000 after acquiring an additional 623,978 shares during the period. Menora Mivtachim Holdings LTD. bought a new stake in Union Pacific in the first quarter valued at $115,096,000. Finally, Canada Pension Plan Investment Board grew its position in Union Pacific by 10.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock valued at $1,092,893,000 after acquiring an additional 452,788 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on UNP. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and upped their price target for the company from $214.00 to $227.00 in a research report on Tuesday, September 16th. Baird R W raised Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. The Goldman Sachs Group set a $263.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research note on Thursday. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. Finally, Morgan Stanley reduced their price objective on 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. 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, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Trading Up 0.8%

Shares of UNP opened at $218.26 on Tuesday. The stock’s fifty day simple moving average is $224.92 and its 200-day simple moving average is $224.36. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $129.46 billion, a PE ratio of 18.54, a price-to-earnings-growth ratio of 2.27 and a beta of 1.07. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month 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 the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.75 EPS. As a group, research analysts predict 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.