Union Pacific Co. (NYSE:UNP) Stake Boosted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 40.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 174,986 shares of the railroad operator’s stock after buying an additional 50,147 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Union Pacific were worth $43,111,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. BNP Paribas acquired a new position in shares of Union Pacific in the 1st quarter valued at about $1,088,000. Envestnet Portfolio Solutions Inc. boosted its position in Union Pacific by 19.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after purchasing an additional 20,173 shares during the last quarter. Shellback Capital LP grew its stake in Union Pacific by 28.2% in the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new position in Union Pacific in the 3rd quarter worth about $834,000. Finally, Maj Invest Holding A S raised its stake in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.2 %

Union Pacific stock opened at $230.30 on Friday. The business has a 50 day moving average price of $246.02 and a two-hundred day moving average price of $238.46. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66. The stock has a market cap of $140.30 billion, a price-to-earnings ratio of 21.62, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the firm earned $2.51 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts forecast 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 Union Pacific stock in a transaction that occurred on Tuesday, July 30th. The stock was 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 approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on UNP. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday. Sanford C. Bernstein cut their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Robert W. Baird decreased their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday. Finally, TD Cowen reduced their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.15.

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.