TFB Advisors LLC Makes New Investment in Union Pacific Corporation $UNP

TFB Advisors LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP) during the 2nd quarter, Holdings Channel reports. The firm bought 932 shares of the railroad operator’s stock, valued at approximately $215,000.

A number of other hedge funds have also made changes to their positions in the company. Pines Wealth Management LLC grew its position in shares of Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after purchasing an additional 43 shares during the period. Titleist Asset Management LLC raised its stake in shares of Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares during the period. Five Oceans Advisors boosted its position in Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after buying an additional 44 shares during the last quarter. St. Johns Investment Management Company LLC lifted its stake in shares of Union Pacific by 1.6% in the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after acquiring an additional 46 shares in the last quarter. Finally, Schubert & Co lifted its stake in shares of Union Pacific by 1.9% in the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after acquiring an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UNP. Evercore ISI decreased their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $267.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Susquehanna reissued a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Finally, Citigroup restated a “buy” rating and issued a $263.00 target price (up from $251.00) on shares of Union Pacific in a research report on Monday, October 13th. One investment 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.58.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $220.05 on Friday. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The business’s 50-day moving average price is $225.03 and its two-hundred day moving average price is $224.22. The company has a market capitalization of $130.51 billion, a P/E ratio of 19.12, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $2.75 earnings per share. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal 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.