Mcdonald Capital Investors Inc. CA boosted its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 39.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 246,004 shares of the railroad operator’s stock after purchasing an additional 70,185 shares during the period. Union Pacific comprises 3.6% of Mcdonald Capital Investors Inc. CA’s investment portfolio, making the stock its 13th largest position. Mcdonald Capital Investors Inc. CA’s holdings in Union Pacific were worth $56,601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of the stock. Interchange Capital Partners LLC increased its stake in Union Pacific by 4.7% in the 2nd quarter. Interchange Capital Partners LLC now owns 1,168 shares of the railroad operator’s stock worth $269,000 after purchasing an additional 52 shares during the period. Brighton Jones LLC increased its stake in shares of Union Pacific by 2.0% during the second quarter. Brighton Jones LLC now owns 9,470 shares of the railroad operator’s stock valued at $2,179,000 after buying an additional 190 shares during the period. Kornitzer Capital Management Inc. KS increased its stake in shares of Union Pacific by 9.4% during the second quarter. Kornitzer Capital Management Inc. KS now owns 32,144 shares of the railroad operator’s stock valued at $7,396,000 after buying an additional 2,754 shares during the period. Leavell Investment Management Inc. increased its stake in shares of Union Pacific by 3.2% during the second quarter. Leavell Investment Management Inc. now owns 9,732 shares of the railroad operator’s stock valued at $2,239,000 after buying an additional 302 shares during the period. Finally, Brian Low Financial Group LLC purchased a new position in shares of Union Pacific during the second quarter valued at approximately $749,000. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Trading Down 1.6%
Shares of NYSE:UNP opened at $216.56 on Friday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The business’s fifty day simple moving average is $224.95 and its 200-day simple moving average is $224.39. The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $128.44 billion, a PE ratio of 18.40, a P/E/G ratio of 2.25 and a beta of 1.07.
Wall Street Analysts Forecast Growth
UNP has been the topic of several recent research reports. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. The Goldman Sachs Group set a $263.00 price target on Union Pacific and gave the company a “neutral” rating in a report on Thursday. Robert W. Baird began coverage on Union Pacific in a report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target on the stock. Citigroup upped their price target on Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a report on Friday. Finally, Morgan Stanley lowered their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.
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.
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