Union Pacific Corporation $UNP Stake Lessened by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. cut its stake in Union Pacific Corporation (NYSE:UNP) by 52.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,691 shares of the railroad operator’s stock after selling 1,889 shares during the period. Whalen Wealth Management Inc.’s holdings in Union Pacific were worth $389,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. Allspring Global Investments Holdings LLC boosted its holdings in Union Pacific by 3.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 79,752 shares of the railroad operator’s stock worth $18,915,000 after buying an additional 2,369 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in Union Pacific by 3.5% during the first quarter. Golden State Wealth Management LLC now owns 1,658 shares of the railroad operator’s stock worth $392,000 after buying an additional 56 shares in the last quarter. Ameritas Advisory Services LLC boosted its holdings in Union Pacific by 2.1% during the first quarter. Ameritas Advisory Services LLC now owns 4,492 shares of the railroad operator’s stock worth $1,036,000 after buying an additional 94 shares in the last quarter. MorganRosel Wealth Management LLC bought a new stake in Union Pacific during the first quarter worth approximately $60,000. Finally, Keystone Financial Services LLC bought a new stake in Union Pacific during the first quarter worth approximately $1,455,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Down 0.2%

Union Pacific stock opened at $217.89 on Wednesday. The company has a 50 day moving average price of $224.81 and a 200 day moving average price of $224.35. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The firm has a market capitalization of $129.24 billion, a price-to-earnings ratio of 18.51, a P/E/G ratio of 2.28 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same quarter last year, the business posted $2.75 EPS. The company’s revenue was up 2.5% on a year-over-year basis. Research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on UNP. Cowen restated a “buy” rating on shares of Union Pacific in a report on Friday. Wells Fargo & Company raised their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and raised their target price for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Finally, TD Cowen reduced their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.