2,404 Shares in Union Pacific Corporation $UNP Purchased by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,404 shares of the railroad operator’s stock, valued at approximately $553,000.

Other hedge funds and other institutional investors 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% in the 1st 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 during the period. Access Investment Management LLC purchased a new position in shares of Union Pacific during the second quarter worth $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific in the 1st quarter valued at $33,000. GFG Capital LLC purchased a new position in Union Pacific during the 2nd quarter valued at about $38,000. Finally, IMA Advisory Services Inc. purchased a new stake in Union Pacific during the first quarter worth about $43,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent research reports. Cowen restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. The Goldman Sachs Group set a $263.00 price objective on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Barclays lowered Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Finally, UBS Group set a $253.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. One research 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 company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Stock Down 0.9%

UNP stock opened at $222.73 on Thursday. The company has a market cap of $132.11 billion, a price-to-earnings ratio of 18.95, a P/E/G ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The business’s 50-day moving average is $224.17 and its two-hundred day moving average is $224.54. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same quarter in the prior year, the firm earned $2.75 EPS. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share 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.