Calamos Advisors LLC boosted its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 4.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 185,155 shares of the railroad operator’s stock after buying an additional 7,800 shares during the quarter. Calamos Advisors LLC’s holdings in Union Pacific were worth $42,600,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC boosted its position in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares during the period. Access Investment Management LLC acquired a new stake in Union Pacific in the 2nd quarter valued at approximately $32,000. WPG Advisers LLC bought a new stake in Union Pacific during the 1st quarter valued at $33,000. GFG Capital LLC acquired a new position in Union Pacific during the 2nd quarter worth $38,000. Finally, IMA Advisory Services Inc. acquired a new position in Union Pacific during the 1st quarter worth $43,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Trading Down 0.5%
Shares of NYSE:UNP opened at $223.68 on Thursday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The stock has a market capitalization of $132.68 billion, a price-to-earnings ratio of 19.00, a PEG ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a 50 day moving average price of $224.17 and a 200 day moving average price of $224.54.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Sanford C. Bernstein raised their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. JPMorgan Chase & Co. boosted their target price on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, TD Cowen decreased their price target on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $261.63.
Read Our Latest Analysis on Union Pacific
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.
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