955 Shares in Union Pacific Corporation $UNP Bought by Granite Harbor Advisors Inc.

Granite Harbor Advisors Inc. acquired a new position in Union Pacific Corporation (NYSE:UNP) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 955 shares of the railroad operator’s stock, valued at approximately $220,000.

A number of other large investors have also recently bought and sold shares of the business. Forum Financial Management LP boosted its holdings in Union Pacific by 8.7% during the second quarter. Forum Financial Management LP now owns 9,106 shares of the railroad operator’s stock valued at $2,095,000 after acquiring an additional 728 shares during the period. Ethic Inc. raised its position in shares of Union Pacific by 7.0% during the second quarter. Ethic Inc. now owns 36,845 shares of the railroad operator’s stock valued at $8,526,000 after buying an additional 2,424 shares during the last quarter. Caliber Wealth Management LLC KS raised its position in Union Pacific by 1.9% in the second quarter. Caliber Wealth Management LLC KS now owns 13,389 shares of the railroad operator’s stock worth $3,080,000 after purchasing an additional 245 shares in the last quarter. Rehmann Capital Advisory Group raised its position in Union Pacific by 1.7% in the second quarter. Rehmann Capital Advisory Group now owns 6,780 shares of the railroad operator’s stock worth $1,560,000 after purchasing an additional 113 shares in the last quarter. Finally, TFB Advisors LLC acquired a new position in Union Pacific in the second quarter worth about $215,000. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on UNP. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. BMO Capital Markets raised their price target on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Royal Bank Of Canada raised their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Wells Fargo & Company raised their price target on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, Baird R W raised shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $261.58.

Union Pacific Price Performance

Shares of UNP stock opened at $225.35 on Thursday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The stock has a market cap of $133.66 billion, a PE ratio of 19.58, a PEG ratio of 2.35 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm’s 50 day moving average price is $225.06 and its two-hundred day moving average price is $224.15.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same period last year, the firm earned $2.74 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current 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.