Courier Capital LLC Buys 805 Shares of Union Pacific Co. (NYSE:UNP)

Courier Capital LLC increased its stake in Union Pacific Co. (NYSE:UNP) by 23.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,177 shares of the railroad operator’s stock after acquiring an additional 805 shares during the quarter. Courier Capital LLC’s holdings in Union Pacific were worth $1,030,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Altus Wealth Group LLC increased its stake in Union Pacific by 4.9% during the 3rd quarter. Altus Wealth Group LLC now owns 12,841 shares of the railroad operator’s stock valued at $3,165,000 after purchasing an additional 599 shares in the last quarter. Syntegra Private Wealth Group LLC increased its stake in Union Pacific by 2.5% during the 3rd quarter. Syntegra Private Wealth Group LLC now owns 2,789 shares of the railroad operator’s stock valued at $687,000 after purchasing an additional 69 shares in the last quarter. Greenleaf Trust increased its stake in Union Pacific by 1.8% during the 3rd quarter. Greenleaf Trust now owns 19,774 shares of the railroad operator’s stock valued at $4,874,000 after purchasing an additional 342 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in Union Pacific by 36.6% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 17,767 shares of the railroad operator’s stock valued at $4,380,000 after purchasing an additional 4,765 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC increased its stake in Union Pacific by 7.3% during the 3rd quarter. Meadow Creek Wealth Advisors LLC now owns 3,425 shares of the railroad operator’s stock valued at $844,000 after purchasing an additional 234 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’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 sale, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on UNP shares. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Stifel Nicolaus reduced their target price on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Bank of America reduced their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Royal Bank of Canada upped their target price on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research note on Monday, September 30th. Finally, BMO Capital Markets reduced their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $260.53.

Union Pacific Price Performance

NYSE UNP opened at $241.34 on Thursday. The company has a market cap of $147.02 billion, a PE ratio of 22.66, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05. Union Pacific Co. has a 52 week low of $199.97 and a 52 week high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The firm’s 50-day simple moving average is $246.57 and its two-hundred day simple moving average is $238.60.

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

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.