Calamos Wealth Management LLC lessened its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 4.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,878 shares of the railroad operator’s stock after selling 86 shares during the period. Calamos Wealth Management LLC’s holdings in Union Pacific were worth $432,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Pines Wealth Management LLC grew its position in shares of Union Pacific by 1.7% in the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after buying an additional 43 shares during the last quarter. Titleist Asset Management LLC lifted its stake in shares of Union Pacific by 1.1% in the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares during the period. Five Oceans Advisors lifted its stake in shares of Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares during the period. Schubert & Co lifted its stake in shares of 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 purchasing an additional 47 shares during the period. Finally, Stiles Financial Services Inc lifted its stake in shares of Union Pacific by 1.6% in the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after purchasing an additional 48 shares during the period. Institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on UNP. Royal Bank Of Canada boosted their price objective on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Citigroup reaffirmed a “buy” rating and set a $263.00 price target (up from $251.00) on shares of Union Pacific in a research note on Monday, October 13th. Susquehanna reaffirmed a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Sanford C. Bernstein upped their price target on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Finally, Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.58.
Union Pacific Stock Performance
Shares of Union Pacific stock opened at $225.98 on Monday. The company has a market cap of $134.03 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The business has a 50 day moving average price of $224.71 and a 200-day moving average price of $224.02. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.74 earnings per share. Equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal 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.
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