MGO One Seven LLC cut its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,052 shares of the railroad operator’s stock after selling 3,328 shares during the quarter. MGO One Seven LLC’s holdings in Union Pacific were worth $14,981,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Advisors Inc. OK increased its stake in shares of Union Pacific by 1.8% in the second quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock worth $513,000 after purchasing an additional 34 shares in the last quarter. Tiemann Investment Advisors LLC lifted its stake in shares of Union Pacific by 1.7% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock valued at $576,000 after buying an additional 35 shares in the last quarter. Burford Brothers Inc. lifted its stake in shares of Union Pacific by 1.9% during the 2nd quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator’s stock valued at $511,000 after buying an additional 35 shares in the last quarter. Nabity Jensen Investment Management Inc lifted its stake in shares of Union Pacific by 1.3% during the 3rd quarter. Nabity Jensen Investment Management Inc now owns 2,754 shares of the railroad operator’s stock valued at $749,000 after buying an additional 35 shares in the last quarter. Finally, TFR Capital LLC. boosted its holdings in Union Pacific by 3.8% in the 2nd quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock worth $266,000 after buying an additional 36 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Stock Performance
Union Pacific stock opened at $304.00 on Friday. The company’s 50-day moving average price is $287.51 and its 200-day moving average price is $270.06. Union Pacific Corporation has a twelve month low of $216.32 and a twelve month high of $315.99. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32. The company has a market cap of $180.65 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.06. The firm had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.16 billion. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The company’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.08 EPS. On average, equities research analysts forecast that Union Pacific Corporation will post 13.13 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have commented on UNP shares. JPMorgan Chase & Co. decreased their price target on Union Pacific from $322.00 to $321.00 and set a “neutral” rating on the stock in a report on Friday, October 23rd. Bank of America boosted their price objective on Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Benchmark upped their price objective on Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. The Goldman Sachs Group set a $317.00 target price on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Finally, TD Cowen reissued a “buy” rating and set a $328.00 target price (up from $325.00) on shares of Union Pacific in a research note on Friday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $326.44.
Read Our Latest Analysis on UNP
About Union Pacific
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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