Union Pacific Corporation $UNP Stock Holdings Lowered by MGO One Seven LLC

MGO One Seven LLC lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 5.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,052 shares of the railroad operator’s stock after selling 3,328 shares during the period. MGO One Seven LLC’s holdings in Union Pacific were worth $14,981,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Union Pacific by 4.9% during the second quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock valued at $7,586,243,000 after purchasing an additional 1,302,732 shares during the last quarter. Bank of America Corp DE increased its position in Union Pacific by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock valued at $3,951,497,000 after buying an additional 64,492 shares in the last quarter. Legal & General Group Plc purchased a new position in Union Pacific during the second quarter valued at $1,193,135,000. Royal Bank of Canada raised its stake in Union Pacific by 0.5% during the first 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 during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Union Pacific during the second quarter valued at $1,094,677,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on UNP. TD Cowen reissued a “buy” rating and issued a $328.00 target price (up from $325.00) on shares of Union Pacific in a report on Friday, October 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. Erste Group Bank began coverage on Union Pacific in a research report on Thursday, August 27th. They issued a “buy” rating for the company. Wells Fargo & Company reiterated an “overweight” rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Finally, Royal Bank Of Canada set a $328.00 price target on shares of Union Pacific in a research note on Friday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $326.44.

Union Pacific Stock Performance

UNP stock opened at $304.00 on Friday. The company has a market cap of $180.65 billion, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Union Pacific Corporation has a 1 year low of $216.32 and a 1 year high of $315.99. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.16 and a quick ratio of 0.99. The stock’s fifty day moving average price is $287.51 and its 200-day moving average price is $270.06.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.06. The firm had revenue of $7.20 billion for the quarter, compared to analysts’ expectations of $7.16 billion. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The business’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.08 EPS. On average, equities analysts forecast that Union Pacific Corporation will post 13.13 earnings per share for the current year.

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.