Whittier Trust Co. of Nevada Inc. Buys 99 Shares of Union Pacific Corporation $UNP

Whittier Trust Co. of Nevada Inc. grew its stake in shares of Union Pacific Corporation (NYSE:UNP) by 0.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,275 shares of the railroad operator’s stock after acquiring an additional 99 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Union Pacific were worth $5,355,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CBIZ Investment Advisory Services LLC increased its holdings in Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in Union Pacific in the 1st quarter worth about $32,000. WPG Advisers LLC bought a new stake in Union Pacific in the 1st quarter worth about $33,000. GFG Capital LLC bought a new stake in Union Pacific in the 2nd quarter worth about $38,000. Finally, Cornerstone Planning Group LLC increased its holdings in Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after buying an additional 56 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Down 0.4%

Union Pacific stock opened at $226.50 on Wednesday. The business has a 50-day simple moving average of $225.02 and a two-hundred day simple moving average of $224.14. The company has a market cap of $134.34 billion, a P/E ratio of 19.68, a P/E/G ratio of 2.36 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 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) last posted 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. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same period in the previous year, the firm earned $2.74 EPS. The business’s quarterly revenue was up 2.4% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on UNP shares. Evercore ISI reduced their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and lifted their price objective for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Finally, Susquehanna restated 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. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $261.58.

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.