Wilkinson Global Asset Management LLC raised its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 319,379 shares of the railroad operator’s stock after buying an additional 3,957 shares during the period. Union Pacific makes up about 4.7% of Wilkinson Global Asset Management LLC’s investment portfolio, making the stock its 8th largest holding. Wilkinson Global Asset Management LLC owned approximately 0.05% of Union Pacific worth $78,721,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of the stock. Ameriprise Financial Inc. boosted its position in shares of 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 purchasing an additional 106,996 shares during the period. Capital Research Global Investors increased its position in shares of 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 worth $1,812,689,000 after acquiring an additional 518,985 shares in the last quarter. Legal & General Group Plc raised its holdings 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 valued at $1,350,924,000 after acquiring an additional 124,571 shares during the period. Clearbridge Investments LLC boosted its stake in Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after purchasing an additional 237,083 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in Union Pacific by 8.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock worth $954,530,000 after purchasing an additional 322,129 shares in the last quarter. 80.38% of the stock is owned by institutional investors.
Union Pacific Stock Up 6.3 %
Shares of UNP stock opened at $248.49 on Thursday. Union Pacific Co. has a 12 month low of $208.14 and a 12 month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market cap of $150.65 billion, a PE ratio of 22.82, a price-to-earnings-growth ratio of 2.27 and a beta of 1.06. The stock has a 50 day moving average of $243.88 and a 200-day moving average of $238.53.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. Sanford C. Bernstein reduced their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Barclays decreased their price objective on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Robert W. Baird lowered their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets reduced their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Finally, TD Cowen lowered their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.15.
Get Our Latest Analysis on UNP
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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