Prospera Financial Services Inc raised its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,158 shares of the railroad operator’s stock after purchasing an additional 1,038 shares during the quarter. Prospera Financial Services Inc’s holdings in Union Pacific were worth $5,217,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the second quarter valued at about $28,000. Cultivar Capital Inc. bought a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $27,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific during the 3rd quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. increased its position in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC bought a new position in Union Pacific in the 2nd quarter valued at approximately $31,000. Institutional investors own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on UNP. Stifel Nicolaus lowered their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Citigroup lifted their price target on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. BMO Capital Markets lowered their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Finally, Robert W. Baird cut their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.
Union Pacific Trading Down 0.5 %
NYSE UNP opened at $233.29 on Wednesday. Union Pacific Co. has a one year low of $216.92 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business has a 50 day simple moving average of $241.14 and a 200 day simple moving average of $238.55. The stock has a market capitalization of $141.43 billion, a P/E ratio of 21.42, a P/E/G ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.51 EPS. Research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current 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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