Marble Harbor Investment Counsel LLC trimmed its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 1.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 11,532 shares of the railroad operator’s stock after selling 228 shares during the quarter. Marble Harbor Investment Counsel LLC’s holdings in Union Pacific were worth $2,653,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bleakley Financial Group LLC raised its position in Union Pacific by 3.9% in the 1st quarter. Bleakley Financial Group LLC now owns 16,714 shares of the railroad operator’s stock valued at $3,949,000 after purchasing an additional 628 shares in the last quarter. Florida Financial Advisors LLC increased its stake in Union Pacific by 10.4% in the first quarter. Florida Financial Advisors LLC now owns 1,682 shares of the railroad operator’s stock valued at $397,000 after purchasing an additional 159 shares during the period. Edgestream Partners L.P. acquired a new stake in Union Pacific during the 1st quarter worth approximately $319,000. Signaturefd LLC increased its stake in shares of Union Pacific by 3.5% during the first quarter. Signaturefd LLC now owns 13,367 shares of the railroad operator’s stock worth $3,158,000 after acquiring an additional 454 shares during the period. Finally, Sigma Planning Corp lifted its holdings in Union Pacific by 1.7% in the first quarter. Sigma Planning Corp now owns 5,469 shares of the railroad operator’s stock valued at $1,292,000 after acquiring an additional 92 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Trading Up 0.4%
Union Pacific stock opened at $224.72 on Wednesday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company’s fifty day simple moving average is $224.12 and its 200-day simple moving average is $224.54. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The stock has a market cap of $133.30 billion, a P/E ratio of 19.09, a P/E/G ratio of 2.27 and a beta of 1.04.
Wall Street Analysts Forecast Growth
UNP has been the subject of several recent research reports. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. Sanford C. Bernstein boosted their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Evercore ISI reduced their price target on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. JPMorgan Chase & Co. boosted their target price on shares of Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and raised their price target for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.63.
View Our Latest Stock Report on UNP
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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