Lifeworks Advisors LLC bought a new stake in Union Pacific Co. (NYSE:UNP – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 1,391 shares of the railroad operator’s stock, valued at approximately $343,000.
A number of other hedge funds have also recently modified their holdings of UNP. Marshall Wace LLP raised its holdings in Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. Capital World Investors raised its holdings in Union Pacific by 35.3% in the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after acquiring an additional 1,073,625 shares in the last quarter. International Assets Investment Management LLC raised its holdings in Union Pacific by 19,878.6% in the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after acquiring an additional 891,555 shares in the last quarter. Impax Asset Management Group plc raised its holdings in Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after acquiring an additional 520,536 shares in the last quarter. Finally, Capital Research Global Investors raised its holdings 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 acquiring an additional 518,985 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently issued reports on UNP. Benchmark reaffirmed a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. TD Cowen dropped their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Susquehanna dropped their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Finally, StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $259.80.
Union Pacific Trading Down 2.0 %
NYSE:UNP opened at $235.58 on Friday. Union Pacific Co. has a 12 month low of $215.81 and a 12 month high of $258.66. The firm has a market cap of $142.82 billion, a price-to-earnings ratio of 21.63, a P/E/G ratio of 2.38 and a beta of 1.06. 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 company’s 50 day moving average is $242.46 and its 200-day moving average is $238.64.
Union Pacific (NYSE:UNP – Get Free Report) 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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the business earned $2.51 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts anticipate that Union Pacific Co. will post 10.94 EPS 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.
Featured Stories
- Five stocks we like better than Union Pacific
- Best Stocks Under $5.00
- 3 Stocks Near 52-Week Lows That Could Be Top Buys Right Now
- What Are the FAANG Stocks and Are They Good Investments?
- 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick
- What Are the U.K. Market Holidays? How to Invest and Trade
- Mouse Rising: The Iger Investment Pays Off for Disney Investors
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.