Wolff Wiese Magana LLC Increases Holdings in Union Pacific Co. (NYSE:UNP)

Wolff Wiese Magana LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,916 shares of the railroad operator’s stock after purchasing an additional 142 shares during the quarter. Union Pacific makes up 1.2% of Wolff Wiese Magana LLC’s portfolio, making the stock its 29th biggest holding. Wolff Wiese Magana LLC’s holdings in Union Pacific were worth $1,705,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its position in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after buying an additional 106,996 shares in the last quarter. Capital Research Global Investors increased its stake in Union Pacific by 7.6% in the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after acquiring an additional 124,571 shares in the last quarter. Clearbridge Investments LLC boosted its position in shares of Union Pacific by 5.7% during the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock valued at $1,081,348,000 after acquiring an additional 237,083 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Union Pacific by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after purchasing an additional 322,129 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. BMO Capital Markets lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Sanford C. Bernstein lowered their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Royal Bank of Canada boosted their price objective on Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research note on Monday, September 30th. Benchmark reaffirmed a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Finally, Susquehanna boosted their target price on Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $259.25.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $248.11 on Thursday. The firm’s 50 day simple moving average is $246.25 and its 200-day simple moving average is $238.61. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a one year low of $199.97 and a one year high of $258.66. The firm has a market cap of $151.15 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.57 EPS. As a group, equities analysts predict that Union Pacific Co. will post 11.07 EPS for the current year.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.26% of the stock is owned by insiders.

Union Pacific Company Profile

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.