Union Pacific Corporation $UNP Stock Position Lessened by Argonautica Private Wealth Management Inc.

Argonautica Private Wealth Management Inc. reduced its stake in shares of Union Pacific Corporation (NYSE:UNP) by 14.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 902 shares of the railroad operator’s stock after selling 150 shares during the quarter. Argonautica Private Wealth Management Inc.’s holdings in Union Pacific were worth $208,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of UNP. Envestnet Portfolio Solutions Inc. raised its position in shares of Union Pacific by 10.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after buying an additional 8,925 shares in the last quarter. LGT Group Foundation boosted its holdings in shares of Union Pacific by 9.7% in the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after acquiring an additional 477 shares in the last quarter. Nuveen LLC acquired a new position in shares of Union Pacific during the first quarter valued at approximately $988,822,000. SlateStone Wealth LLC raised its holdings in Union Pacific by 6.2% during the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after purchasing an additional 772 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC lifted its position in Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after purchasing an additional 359 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.4%

Shares of NYSE UNP opened at $226.50 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a market cap of $134.34 billion, a price-to-earnings ratio of 19.68, a P/E/G ratio of 2.36 and a beta of 1.07. The business has a fifty day simple moving average of $225.02 and a 200-day simple moving average of $224.14.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the previous year, the company earned $2.74 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. Sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on UNP. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Argus lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. UBS Group set a $253.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Susquehanna reissued a “positive” rating and issued a $272.00 price target (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Finally, Citigroup reaffirmed a “buy” rating and issued a $263.00 price objective (up previously from $251.00) on shares of Union Pacific in a research note on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $261.58.

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.