Union Pacific Corporation $UNP Stock Position Raised by Slagle Financial LLC

Slagle Financial LLC lifted its position in Union Pacific Corporation (NYSE:UNP) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,345 shares of the railroad operator’s stock after buying an additional 292 shares during the quarter. Slagle Financial LLC’s holdings in Union Pacific were worth $1,690,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in UNP. CBIZ Investment Advisory Services LLC increased its stake in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after purchasing an additional 112 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in Union Pacific in the second quarter worth $31,000. Access Investment Management LLC acquired a new position in Union Pacific during the second quarter worth $32,000. WPG Advisers LLC bought a new position in Union Pacific during the first quarter valued at about $33,000. Finally, GFG Capital LLC acquired a new stake in shares of Union Pacific in the second quarter worth about $38,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock 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. The company has a market cap of $132.19 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The firm has a fifty day moving average price of $224.18 and a two-hundred day moving average price of $224.72. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating 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 business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same quarter in the prior year, the business earned $2.75 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Susquehanna reissued a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Cowen reiterated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. Evercore ISI lowered their target price on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. Finally, Royal Bank Of Canada lifted their target price on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. One equities 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. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $261.63.

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.