Intellectus Partners LLC raised its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,626 shares of the railroad operator’s stock after buying an additional 111 shares during the period. Intellectus Partners LLC’s holdings in Union Pacific were worth $1,387,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific in the second quarter valued at approximately $28,000. Cultivar Capital Inc. purchased a new stake in shares of Union Pacific in the 2nd quarter worth $27,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the 3rd quarter worth $30,000. Jamison Private Wealth Management Inc. grew its position in shares of 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 buying an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new position in shares of Union Pacific during the second quarter valued at $31,000. 80.38% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on UNP. Susquehanna lowered their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Raymond James boosted their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Barclays boosted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday. Nine research 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 presently has a consensus rating of “Moderate Buy” and an average price target of $259.80.
Union Pacific Stock Performance
Shares of UNP stock opened at $235.58 on Friday. 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 fifty day moving average of $242.46 and a 200 day moving average of $238.64. The firm has a market capitalization of $142.82 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. Union Pacific Co. has a 1 year low of $215.81 and a 1 year high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last released its 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the firm earned $2.51 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, 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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