Vise Technologies Inc. Buys New Stake in Union Pacific Corporation $UNP

Vise Technologies Inc. purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,882 shares of the railroad operator’s stock, valued at approximately $2,964,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. CBIZ Investment Advisory Services LLC grew its position in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Access Investment Management LLC purchased a new position in Union Pacific in the 2nd quarter valued at about $32,000. WPG Advisers LLC acquired a new stake in Union Pacific in the 1st quarter worth about $33,000. GFG Capital LLC purchased a new stake in Union Pacific during the 2nd quarter worth approximately $38,000. Finally, IMA Advisory Services Inc. acquired a new position in shares of Union Pacific during the first quarter valued at approximately $43,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of several research reports. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and boosted their price target for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their price target for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada boosted their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Stock Performance

Union Pacific stock opened at $224.05 on Tuesday. The firm has a 50 day simple moving average of $224.07 and a 200-day simple moving average of $224.46. The stock has a market cap of $132.90 billion, a price-to-earnings ratio of 19.04, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84.

Union Pacific (NYSE:UNP) last released its quarterly 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 firm had revenue of $6.24 billion for 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 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 earned $2.75 EPS. On average, analysts expect 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.