Everett Harris & Co. CA increased its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,000 shares of the railroad operator’s stock after purchasing an additional 1,695 shares during the period. Everett Harris & Co. CA’s holdings in Union Pacific were worth $27,213,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Scarborough Advisors LLC bought a new position in shares of Union Pacific during the first quarter valued at $27,000. John Boyer Inc. bought a new position in Union Pacific during the 3rd quarter valued at about $27,000. Wiser Advisor Group LLC purchased a new stake in shares of Union Pacific during the 2nd quarter valued at about $30,000. Kelly Lawrence W & Associates Inc. CA purchased a new stake in Union Pacific in the second quarter worth approximately $34,000. Finally, Clark Wealth Partners boosted its stake in shares of Union Pacific by 37.4% in the 3rd quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock worth $37,000 after buying an additional 37 shares during the last quarter. 80.38% of the stock is owned by institutional investors.
Union Pacific Price Performance
UNP stock opened at $302.01 on Friday. Union Pacific Corporation has a 12 month low of $215.70 and a 12 month high of $315.99. The company has a 50-day moving average price of $287.51 and a 200 day moving average price of $269.69. The stock has a market cap of $179.47 billion, a PE ratio of 23.39, a P/E/G ratio of 2.94 and a beta of 0.95. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.06. The firm had revenue of $7.20 billion for the quarter, compared to the consensus estimate of $7.16 billion. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the prior year, the business posted $3.08 earnings per share. Equities research analysts anticipate that Union Pacific Corporation will post 13.13 earnings per share for the current year.
Analyst Ratings Changes
Several brokerages recently issued reports on UNP. BMO Capital Markets restated a “market perform” rating and set a $320.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, July 24th. UBS Group reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 23rd. TD Cowen reissued a “buy” rating and issued a $328.00 target price (up from $325.00) on shares of Union Pacific in a report on Friday, October 23rd. Royal Bank Of Canada set a $328.00 price target on shares of Union Pacific in a research note on Friday, October 23rd. Finally, Citizens Jmp assumed coverage on Union Pacific in a research note on Wednesday, July 15th. They set an “outperform” rating and a $350.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.44.
Check Out Our Latest Analysis on UNP
Union Pacific Company Profile
Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.
Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.
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