Arista Wealth Management LLC Makes New Investment in Union Pacific Corporation $UNP

Arista Wealth Management LLC bought a new position in Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 874 shares of the railroad operator’s stock, valued at approximately $201,000.

Several other large investors have also added to or reduced their stakes in UNP. Envestnet Portfolio Solutions Inc. boosted 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 valued at $21,475,000 after acquiring an additional 8,925 shares during the last quarter. LGT Group Foundation boosted its position in shares of Union Pacific by 9.7% during the 1st 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 during the last quarter. Nuveen LLC bought a new stake in shares of Union Pacific during the 1st quarter valued at about $988,822,000. SlateStone Wealth LLC boosted its position in shares of Union Pacific by 6.2% during the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after acquiring an additional 772 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC boosted its position in shares of Union Pacific by 10.9% during the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock valued at $866,000 after acquiring an additional 359 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $225.98 on Friday. The stock has a market cap of $134.03 billion, a price-to-earnings ratio of 19.63, a P/E/G ratio of 2.33 and a beta of 1.07. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The stock’s 50-day moving average is $224.71 and its 200 day moving average is $224.12.

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

Analyst Ratings Changes

A number of analysts have recently issued reports on UNP shares. Morgan Stanley dropped their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Monday, July 7th. Wells Fargo & Company lifted their price target on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Royal Bank Of Canada lifted their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Finally, Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and raised their price objective for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $261.58.

About Union Pacific

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.