Union Pacific Co. (NYSE:UNP) Shares Bought by Keyes Stange & Wooten Wealth Management LLC

Keyes Stange & Wooten Wealth Management LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,022 shares of the railroad operator’s stock after purchasing an additional 146 shares during the period. Keyes Stange & Wooten Wealth Management LLC’s holdings in Union Pacific were worth $745,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. Ameriprise Financial Inc. boosted its position in Union Pacific by 1.3% in 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 buying an additional 106,996 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of Union Pacific by 2.1% in 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 acquiring an additional 124,571 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Union Pacific by 8.3% in 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 during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Union Pacific by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,561,936 shares of the railroad operator’s stock valued at $877,946,000 after acquiring an additional 38,999 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in Union Pacific by 2.1% during the 3rd quarter. Raymond James & Associates now owns 2,767,216 shares of the railroad operator’s stock worth $682,063,000 after acquiring an additional 57,652 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of UNP opened at $242.39 on Friday. The firm has a market capitalization of $146.95 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The stock’s fifty day moving average is $240.53 and its 200-day moving average is $238.54. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.

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 analysts’ consensus estimates 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 return on equity of 41.79% and a net margin of 27.33%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.51 earnings per share. Equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Robert W. Baird reduced their price target 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. Wells Fargo & Company reduced their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Finally, StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

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.