Fifth Third Wealth Advisors LLC Purchases 5,840 Shares of Union Pacific Co. (NYSE:UNP)

Fifth Third Wealth Advisors LLC increased its position in shares of Union Pacific Co. (NYSE:UNP) by 59.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,639 shares of the railroad operator’s stock after acquiring an additional 5,840 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Union Pacific were worth $3,855,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its holdings in shares of Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares during the last quarter. Capital Research Global Investors boosted its position in Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Union Pacific by 2.1% during the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after buying an additional 124,571 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Union Pacific by 8.3% during the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock worth $954,530,000 after buying an additional 322,129 shares in the last quarter. Finally, Capital World Investors raised its position in Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after purchasing an additional 1,073,625 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UNP. 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 report on Friday, September 20th. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Sanford C. Bernstein cut their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Robert W. Baird decreased their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Wells Fargo & Company cut their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Nine equities 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Down 0.5 %

UNP opened at $234.41 on Tuesday. The company has a 50 day moving average of $241.53 and a 200 day moving average of $238.60. 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 12 month low of $216.92 and a 12 month high of $258.66. The company has a market cap of $142.11 billion, a PE ratio of 21.53, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results 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 for 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 company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.51 earnings per share. On average, sell-side analysts expect that Union Pacific Co. will post 10.94 EPS for the current 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.