Lynch & Associates IN raised its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 10.9% during the 3rd quarter, Holdings Channel reports. The fund owned 7,901 shares of the railroad operator’s stock after acquiring an additional 779 shares during the period. Lynch & Associates IN’s holdings in Union Pacific were worth $1,947,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently made changes to their positions in the company. Richardson Capital Management LLC bought a new stake in Union Pacific in the 1st quarter valued at $26,000. Cultivar Capital Inc. bought a new stake in shares of Union Pacific in the second quarter valued at about $27,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific in the second quarter valued at about $28,000. Scarborough Advisors LLC bought a new position in Union Pacific during the fourth quarter worth about $29,000. Finally, Tributary Capital Management LLC bought a new position in Union Pacific during the first quarter worth about $30,000. Institutional investors own 80.38% of the company’s stock.
Insider Activity
In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.28% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on UNP
Union Pacific Stock Performance
NYSE UNP opened at $245.79 on Wednesday. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66. The stock has a market cap of $149.96 billion, a PE ratio of 23.45, a PEG ratio of 2.21 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The firm’s fifty day moving average price is $246.03 and its two-hundred day moving average price is $238.54.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the previous year, the company posted $2.57 EPS. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. On average, equities analysts expect that Union Pacific Co. will post 11.06 EPS for the current fiscal 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.
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