Jacobsen Capital Management lifted its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,301 shares of the railroad operator’s stock after purchasing an additional 57 shares during the period. Jacobsen Capital Management’s holdings in Union Pacific were worth $299,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC grew its stake in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after purchasing an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific in the 1st quarter valued at $32,000. WPG Advisers LLC bought a new position in shares of Union Pacific during the 1st quarter worth about $33,000. GFG Capital LLC bought a new stake in shares of Union Pacific during the second quarter valued at approximately $38,000. Finally, Cornerstone Planning Group LLC raised its holdings in Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analyst Ratings Changes
UNP has been the subject of several analyst reports. Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and increased their price objective for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Royal Bank Of Canada increased their target price on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. BMO Capital Markets increased their target price on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Finally, Susquehanna reiterated a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $261.58.
Union Pacific Price Performance
Shares of UNP opened at $226.50 on Wednesday. The firm has a market cap of $134.34 billion, a PE ratio of 19.68, a P/E/G ratio of 2.36 and a beta of 1.07. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The firm has a fifty day simple moving average of $225.02 and a two-hundred day simple moving average of $224.14.
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results 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. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the prior year, the company earned $2.74 earnings per share. Union Pacific’s revenue was up 2.4% on a year-over-year basis. On average, equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific Company 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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