Cetera Investment Advisers lifted its holdings in Union Pacific Corporation (NYSE:UNP – Free Report) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 184,662 shares of the railroad operator’s stock after buying an additional 2,652 shares during the period. Cetera Investment Advisers’ holdings in Union Pacific were worth $42,487,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. WealthShield Partners LLC boosted its position in Union Pacific by 2.4% during the second quarter. WealthShield Partners LLC now owns 6,970 shares of the railroad operator’s stock valued at $1,604,000 after purchasing an additional 166 shares during the last quarter. Meridian Wealth Management LLC grew its stake in shares of Union Pacific by 2.8% in the 2nd quarter. Meridian Wealth Management LLC now owns 36,412 shares of the railroad operator’s stock valued at $8,378,000 after buying an additional 993 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Union Pacific by 0.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 911,292 shares of the railroad operator’s stock worth $209,670,000 after buying an additional 2,698 shares during the last quarter. CFO4Life Group LLC increased its holdings in Union Pacific by 3.8% in the second quarter. CFO4Life Group LLC now owns 3,708 shares of the railroad operator’s stock worth $853,000 after buying an additional 135 shares during the last quarter. Finally, Wrapmanager Inc. bought a new position in Union Pacific during the second quarter valued at approximately $719,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have commented on UNP shares. 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the company a “neutral” rating in a report on Thursday, October 23rd. Susquehanna reaffirmed a “positive” rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Finally, JPMorgan Chase & Co. raised their price objective on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.
Union Pacific Price Performance
NYSE:UNP opened at $222.87 on Monday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a fifty day moving average price of $224.18 and a 200 day moving average price of $224.72. The stock has a market cap of $132.19 billion, a P/E ratio of 18.94, a PEG ratio of 2.27 and a beta of 1.04.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.75 EPS. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.
Union Pacific Company 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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