MTM Investment Management LLC increased its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 3.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,009 shares of the railroad operator’s stock after acquiring an additional 242 shares during the quarter. MTM Investment Management LLC’s holdings in Union Pacific were worth $1,613,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC raised its holdings in Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares in the last quarter. Access Investment Management LLC bought a new position in Union Pacific in the second quarter valued at about $32,000. WPG Advisers LLC acquired a new position in shares of Union Pacific during the 1st quarter worth about $33,000. GFG Capital LLC bought a new position in Union Pacific during the second quarter worth about $38,000. Finally, IMA Advisory Services Inc. acquired a new position in shares of Union Pacific in the first quarter valued at approximately $43,000. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Stock Up 0.6%
UNP opened at $222.87 on Friday. 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 $132.19 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a 50 day moving average of $224.18 and a 200 day moving average of $224.66.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on UNP. UBS Group set a $253.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and boosted their price target for the company from $214.00 to $227.00 in a research note on Tuesday, September 16th. Royal Bank Of Canada raised their target price on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the company from $250.00 to $285.00 in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $261.63.
Get Our Latest Report on Union Pacific
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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