Bessemer Group Inc. Buys 5,096 Shares of Union Pacific Corporation $UNP

Bessemer Group Inc. increased its stake in Union Pacific Corporation (NYSE:UNP) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 504,431 shares of the railroad operator’s stock after acquiring an additional 5,096 shares during the quarter. Bessemer Group Inc. owned 0.09% of Union Pacific worth $116,059,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. increased its stake in shares of Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock valued at $21,475,000 after acquiring an additional 8,925 shares in the last quarter. LGT Group Foundation increased its stake in Union Pacific by 9.7% during the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after purchasing an additional 477 shares in the last quarter. Nuveen LLC bought a new stake in Union Pacific during the 1st quarter valued at $988,822,000. SlateStone Wealth LLC increased its stake in Union Pacific by 6.2% during the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after purchasing an additional 772 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC increased its stake in Union Pacific by 10.9% during the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock valued at $866,000 after purchasing an additional 359 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP opened at $218.26 on Tuesday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The company has a market capitalization of $129.46 billion, a price-to-earnings ratio of 18.54, a P/E/G ratio of 2.27 and a beta of 1.07. The firm’s fifty day moving average price is $224.92 and its two-hundred day moving average price is $224.36. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

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

Analysts Set New Price Targets

A number of brokerages have commented on UNP. The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Thursday. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Morgan Stanley decreased their price target on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. Finally, BMO Capital Markets decreased their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $261.63.

About Union Pacific

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.