Birchcreek Wealth Management LLC Increases Stock Position in Union Pacific Co. (NYSE:UNP)

Birchcreek Wealth Management LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 4.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,672 shares of the railroad operator’s stock after purchasing an additional 66 shares during the quarter. Birchcreek Wealth Management LLC’s holdings in Union Pacific were worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cultivar Capital Inc. acquired a new position in Union Pacific in the 2nd quarter valued at $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter worth $28,000. Financial Gravity Asset Management Inc. increased its holdings in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the 3rd quarter worth $30,000. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific during the 2nd quarter worth $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of a number of research analyst reports. Sanford C. Bernstein dropped their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Benchmark reiterated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. Royal Bank of Canada decreased their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. BMO Capital Markets reduced their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Finally, Citigroup increased their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Price Performance

Shares of UNP traded up $1.64 during mid-day trading on Friday, hitting $237.22. 293,223 shares of the company traded hands, compared to its average volume of 2,306,769. Union Pacific Co. has a one year low of $216.79 and a one year high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The business has a 50-day moving average of $242.14 and a 200 day moving average of $238.62. The stock has a market capitalization of $143.82 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 2.38 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the company earned $2.51 earnings per share. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific 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.