MBE Wealth Management LLC Acquires 99 Shares of Union Pacific Co. (NYSE:UNP)

MBE Wealth Management LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 11.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,003 shares of the railroad operator’s stock after purchasing an additional 99 shares during the quarter. MBE Wealth Management LLC’s holdings in Union Pacific were worth $247,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Forum Financial Management LP boosted its stake in Union Pacific by 0.6% during the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock worth $1,731,000 after acquiring an additional 41 shares during the last quarter. Fairhaven Wealth Management LLC boosted its stake in Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock worth $584,000 after acquiring an additional 43 shares during the last quarter. Chesapeake Wealth Management boosted its stake in Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after acquiring an additional 43 shares during the last quarter. Elevated Capital Advisors LLC boosted its stake in Union Pacific by 3.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock worth $312,000 after acquiring an additional 44 shares during the last quarter. Finally, Fortis Capital Advisors LLC boosted its stake in Union Pacific by 5.0% during the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after acquiring an additional 44 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value 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. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. TD Cowen cut their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Bank of America cut their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Susquehanna lifted their price target on shares of Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, Benchmark reaffirmed a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research note on Monday, July 29th. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $260.53.

Union Pacific Price Performance

UNP traded down $4.28 during midday trading on Monday, hitting $239.82. The stock had a trading volume of 333,765 shares, compared to its average volume of 2,260,614. The company has a market cap of $146.10 billion, a P/E ratio of 22.92, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The business has a fifty day moving average of $246.41 and a 200 day moving average of $238.59. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the prior year, the company earned $2.57 earnings per share. The firm’s quarterly revenue was up .7% compared to the same quarter last year. As a group, equities analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current fiscal 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.