Nomura Asset Management Co. Ltd. Increases Stock Holdings in Union Pacific Corporation $UNP

Nomura Asset Management Co. Ltd. increased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 3.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 337,932 shares of the railroad operator’s stock after buying an additional 12,300 shares during the quarter. Nomura Asset Management Co. Ltd. owned 0.06% of Union Pacific worth $77,751,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Pines Wealth Management LLC raised its holdings in shares of Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after purchasing an additional 43 shares during the last quarter. Titleist Asset Management LLC boosted its holdings in Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after purchasing an additional 44 shares during the last quarter. Five Oceans Advisors grew its position in Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after purchasing an additional 44 shares in the last quarter. St. Johns Investment Management Company LLC increased its stake in Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after buying an additional 46 shares during the last quarter. Finally, Schubert & Co increased its stake in Union Pacific by 1.9% in the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after buying an additional 47 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UNP has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. TD Cowen cut their price objective on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Trading Up 0.6%

Shares of UNP opened at $222.87 on Monday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The business has a 50-day moving average of $224.18 and a 200 day moving average of $224.72. The firm has a market cap of $132.19 billion, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $2.75 earnings per share. As a group, research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

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.