Union Pacific Corporation $UNP Shares Newly Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 167,168 shares of the railroad operator’s stock, valued at approximately $45,491,000.

A number of other large investors have also added to or reduced their stakes in UNP. Scarborough Advisors LLC purchased a new stake in Union Pacific during the first quarter valued at approximately $27,000. John Boyer Inc. purchased a new position in Union Pacific during the third quarter valued at $27,000. Wiser Advisor Group LLC purchased a new stake in shares of Union Pacific during the 2nd quarter worth approximately $30,000. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Union Pacific in the 2nd quarter worth about $34,000. Finally, Clark Wealth Partners boosted its stake in shares of Union Pacific by 37.4% during the 3rd quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $304.00 on Monday. The business has a fifty day moving average of $287.51 and a 200-day moving average of $270.06. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32. The stock has a market cap of $180.65 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 3.00 and a beta of 0.84. Union Pacific Corporation has a fifty-two week low of $216.32 and a fifty-two week high of $315.99.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.06. The firm had revenue of $7.20 billion during the quarter, compared to the consensus estimate of $7.16 billion. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The firm’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.08 earnings per share. As a group, analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on UNP. Citizens Jmp initiated coverage on shares of Union Pacific in a research report on Wednesday, July 15th. They set an “outperform” rating and a $350.00 target price on the stock. Barclays restated an “overweight” rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. UBS Group reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 23rd. Finally, Benchmark raised their price target on shares of Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $326.44.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.