Courier Capital LLC Has $902,000 Stock Holdings in Union Pacific Corporation $UNP

Courier Capital LLC raised its stake in Union Pacific Corporation (NYSE:UNP) by 18.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,921 shares of the railroad operator’s stock after acquiring an additional 612 shares during the period. Courier Capital LLC’s holdings in Union Pacific were worth $902,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pines Wealth Management LLC raised its holdings in Union Pacific by 1.7% in the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after acquiring an additional 43 shares in the last quarter. Titleist Asset Management LLC raised its holdings in shares of Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after buying an additional 44 shares in the last quarter. Five Oceans Advisors raised its holdings in shares of Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after buying an additional 44 shares in the last quarter. Stiles Financial Services Inc raised its holdings in shares of Union Pacific by 1.6% during the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after buying an additional 48 shares in the last quarter. Finally, Avalon Trust Co raised its holdings in shares of Union Pacific by 5.1% during the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after buying an additional 49 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and boosted their price target for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. BMO Capital Markets boosted their price target on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and boosted their price target for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Citigroup reissued a “buy” rating and set a $263.00 price target (up previously from $251.00) on shares of Union Pacific in a report on Monday. Finally, Susquehanna reaffirmed a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $261.58.

Union Pacific Price Performance

Shares of UNP opened at $227.10 on Wednesday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The business has a 50-day simple moving average of $224.61 and a two-hundred day simple moving average of $224.27. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The stock has a market cap of $134.70 billion, a PE ratio of 19.73, a PEG ratio of 2.35 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the prior year, the firm earned $2.74 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific 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.