Marco Investment Management LLC Has $13.37 Million Stock Holdings in Union Pacific Corporation $UNP

Marco Investment Management LLC raised its holdings in Union Pacific Corporation (NYSE:UNP) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,116 shares of the railroad operator’s stock after buying an additional 1,773 shares during the period. Union Pacific comprises about 1.1% of Marco Investment Management LLC’s holdings, making the stock its 27th largest position. Marco Investment Management LLC’s holdings in Union Pacific were worth $13,371,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Nuveen LLC bought a new position in Union Pacific in the 1st quarter valued at about $988,822,000. Rothschild & Co Wealth Management UK Ltd increased its holdings in Union Pacific by 3,536.2% during the 2nd quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock worth $232,767,000 after purchasing an additional 983,855 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of 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 worth $873,878,000 after purchasing an additional 850,025 shares during the last quarter. Auto Owners Insurance Co raised its stake in shares of 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 worth $147,650,000 after purchasing an additional 623,978 shares during the last quarter. Finally, Menora Mivtachim Holdings LTD. bought a new position in shares of Union Pacific in the first quarter valued at approximately $115,096,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of UNP opened at $221.65 on Friday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. 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 stock’s fifty day moving average price is $224.06 and its two-hundred day moving average price is $224.32. The firm has a market cap of $131.47 billion, a PE ratio of 18.83, a PEG ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results 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. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter in the prior year, the company earned $2.75 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. BMO Capital Markets decreased their price target on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. UBS Group set a $253.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Finally, Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and upped their price objective for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned 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 an average target price 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.