Union Pacific Co. (NYSE:UNP) Stock Position Lifted by Drive Wealth Management LLC

Drive Wealth Management LLC grew its position in shares of Union Pacific Co. (NYSE:UNP) by 2.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,749 shares of the railroad operator’s stock after buying an additional 77 shares during the quarter. Drive Wealth Management LLC’s holdings in Union Pacific were worth $678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Cultivar Capital Inc. bought a new position in Union Pacific during the second quarter valued at about $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. raised its holdings in 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 purchasing an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter worth $30,000. Finally, Fairscale Capital LLC acquired a new stake in Union Pacific in the second quarter worth $31,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of several research reports. JPMorgan Chase & Co. cut their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Barclays raised their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Raymond James lifted their price objective on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Price Performance

Shares of NYSE UNP opened at $235.57 on Monday. The firm has a market cap of $142.82 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The stock has a fifty day simple moving average of $241.86 and a two-hundred day simple moving average of $238.62. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 1-year low of $216.79 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last announced 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 firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $2.51 EPS. Analysts anticipate that Union Pacific Co. will post 10.94 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.