Police & Firemen s Retirement System of New Jersey Acquires 2,136 Shares of Union Pacific Corporation $UNP

Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 2.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,900 shares of the railroad operator’s stock after purchasing an additional 2,136 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Union Pacific were worth $20,914,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Edgestream Partners L.P. acquired a new stake in shares of Union Pacific in the 1st quarter valued at about $319,000. Sigma Planning Corp grew its position in Union Pacific by 1.7% in the 1st quarter. Sigma Planning Corp now owns 5,469 shares of the railroad operator’s stock valued at $1,292,000 after purchasing an additional 92 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in Union Pacific by 53.5% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,506 shares of the railroad operator’s stock worth $356,000 after buying an additional 525 shares during the last quarter. Wealthfront Advisers LLC increased its position in shares of Union Pacific by 18.6% during the first quarter. Wealthfront Advisers LLC now owns 65,423 shares of the railroad operator’s stock worth $15,456,000 after acquiring an additional 10,278 shares in the last quarter. Finally, Larson Financial Group LLC increased its position in shares of Union Pacific by 31.5% during the first quarter. Larson Financial Group LLC now owns 3,068 shares of the railroad operator’s stock worth $725,000 after acquiring an additional 735 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.5%

UNP opened at $223.68 on Thursday. The company has a 50 day moving average of $224.17 and a 200 day moving average of $224.54. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a market cap of $132.68 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. During the same period in the previous year, the business earned $2.75 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Susquehanna restated a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Sanford C. Bernstein upped their target price on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a report on Monday, July 21st. 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 research note on Friday, July 25th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

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.