Union Pacific Corporation $UNP Shares Acquired by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 3.4% in the third quarter, Holdings Channel.com reports. The firm owned 60,579 shares of the railroad operator’s stock after purchasing an additional 1,972 shares during the period. Generali Asset Management SPA SGR’s holdings in Union Pacific were worth $16,485,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp boosted its position in shares of Union Pacific by 4.9% in the 2nd quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock worth $7,586,243,000 after purchasing an additional 1,302,732 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Union Pacific by 0.4% in the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock worth $3,951,497,000 after buying an additional 64,492 shares during the last quarter. Royal Bank of Canada increased its position in Union Pacific by 0.5% during the 1st quarter. Royal Bank of Canada now owns 4,617,313 shares of the railroad operator’s stock valued at $1,120,251,000 after buying an additional 23,698 shares in the last quarter. Legal & General Group Plc bought a new position in Union Pacific during the 2nd quarter valued at approximately $1,193,135,000. Finally, Canada Pension Plan Investment Board bought a new position in Union Pacific during the 2nd quarter valued at approximately $1,094,677,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $300.30 on Wednesday. The stock has a 50-day moving average of $287.55 and a 200 day moving average of $268.98. Union Pacific Corporation has a one year low of $215.53 and a one year high of $315.99. The company has a market capitalization of $178.45 billion, a price-to-earnings ratio of 23.41 and a beta of 0.95.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.06. The firm had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.16 billion. During the same period in the previous year, the business posted $3.08 earnings per share. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. On average, equities analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on Union Pacific from $322.00 to $321.00 and set a “neutral” rating for the company in a research note on Friday, October 23rd. The Goldman Sachs Group set a $317.00 target price on Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. BMO Capital Markets restated a “market perform” rating and set a $320.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, July 24th. Citigroup reaffirmed a “market outperform” rating on shares of Union Pacific in a research report on Friday. Finally, Robert W. Baird upped their price target on shares of Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Two investment 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.