Horizon Family Wealth Inc. acquired a new stake in Union Pacific Corporation (NYSE:UNP – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,179 shares of the railroad operator’s stock, valued at approximately $271,000.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. Nuveen LLC purchased a new stake in shares of Union Pacific during the 1st quarter valued at about $988,822,000. Rothschild & Co Wealth Management UK Ltd grew its position in Union Pacific by 3,536.2% in the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock valued at $232,767,000 after acquiring an additional 983,855 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Union Pacific by 29.8% during the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after purchasing an additional 850,025 shares during the period. Auto Owners Insurance Co lifted its position in shares of Union Pacific by 61,054.6% during the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after purchasing an additional 623,978 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. purchased a new position in shares of Union Pacific in the first quarter valued at $115,096,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 0.6%
Shares of NYSE UNP opened at $222.87 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The stock’s 50 day moving average price is $224.18 and its two-hundred day moving average price is $224.66. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The stock has a market capitalization of $132.19 billion, a P/E ratio of 18.94, a PEG ratio of 2.27 and a beta of 1.04.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on UNP shares. Wells Fargo & Company lifted their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Evercore ISI cut their price target on 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. Susquehanna restated a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Finally, Cowen restated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.
Read Our Latest Report on Union Pacific
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.
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