Quotient Wealth Partners LLC Has $731,000 Stake in Union Pacific Corporation $UNP

Quotient Wealth Partners LLC lessened its position in Union Pacific Corporation (NYSE:UNP) by 22.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,176 shares of the railroad operator’s stock after selling 905 shares during the period. Quotient Wealth Partners LLC’s holdings in Union Pacific were worth $731,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after buying an additional 1,520 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Union Pacific by 12.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 162,314 shares of the railroad operator’s stock valued at $38,345,000 after acquiring an additional 18,453 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Union Pacific by 83.3% during the first quarter. Exchange Traded Concepts LLC now owns 792 shares of the railroad operator’s stock valued at $187,000 after acquiring an additional 360 shares during the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Union Pacific by 8.5% during the first quarter. Silver Oak Securities Incorporated now owns 1,077 shares of the railroad operator’s stock worth $250,000 after purchasing an additional 84 shares during the period. Finally, Advisor Resource Council bought a new stake in shares of Union Pacific in the first quarter worth $728,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on UNP shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. Sanford C. Bernstein raised their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Citigroup reiterated a “buy” rating and issued a $263.00 target price (up from $251.00) on shares of Union Pacific in a report on Monday, October 13th. Royal Bank Of Canada increased their target price on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Finally, Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $261.58.

Union Pacific Trading Up 0.9%

Shares of UNP stock opened at $225.98 on Friday. The company has a market cap of $134.03 billion, a P/E ratio of 19.63, a PEG ratio of 2.35 and a beta of 1.07. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The stock has a 50 day simple moving average of $224.71 and a two-hundred day simple moving average of $224.02. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.19. The company had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. Union Pacific’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.74 EPS. Research analysts forecast that Union Pacific Corporation will post 11.99 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.