107,901 Union Pacific Corporation $UNP Shares Acquired by Calamos Advisors LLC

Calamos Advisors LLC lifted its position in Union Pacific Corporation (NYSE:UNP) by 42.3% in the third quarter, Holdings Channel reports. The firm owned 362,831 shares of the railroad operator’s stock after acquiring an additional 107,901 shares during the period. Calamos Advisors LLC’s holdings in Union Pacific were worth $98,737,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Scarborough Advisors LLC acquired a new position in Union Pacific during the first quarter worth approximately $27,000. John Boyer Inc. purchased a new stake in Union Pacific in the third quarter valued at approximately $27,000. Wiser Advisor Group LLC acquired a new stake in shares of Union Pacific in the second quarter valued at approximately $30,000. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Union Pacific in the second quarter valued at approximately $34,000. Finally, Clark Wealth Partners boosted its holdings in shares of Union Pacific by 37.4% in the third quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 37 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on UNP. Stephens lifted their target price on shares of Union Pacific from $340.00 to $352.00 and gave the company an “overweight” rating in a report on Thursday, October 22nd. TD Cowen reissued a “buy” rating and set a $328.00 price objective (up from $325.00) on shares of Union Pacific in a research report on Friday, October 23rd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $335.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Raymond James Financial reiterated a “strong-buy” rating and set a $285.00 target price (up from $275.00) on shares of Union Pacific in a research note on Friday, October 23rd. Finally, Royal Bank Of Canada set a $328.00 price target on Union Pacific in a report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $325.09.

Union Pacific Stock Performance

Shares of UNP stock traded down $7.45 during mid-day trading on Friday, hitting $290.50. The stock had a trading volume of 3,034,151 shares, compared to its average volume of 2,440,108. The firm has a market cap of $172.63 billion, a PE ratio of 22.64, a PEG ratio of 3.03 and a beta of 0.84. The company’s 50-day simple moving average is $286.72 and its 200-day simple moving average is $271.90. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.16 and a quick ratio of 0.99. Union Pacific Corporation has a fifty-two week low of $218.20 and a fifty-two week high of $315.99.

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

Union Pacific Profile

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada.

The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.

Union Pacific traces its history to the Pacific Railway Act of 1862 and played a central role in building the first transcontinental railroad, completed in 1869.