Bridgewater Advisors Inc. Sells 293 Shares of Union Pacific Corporation $UNP

Bridgewater Advisors Inc. reduced its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 4.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,106 shares of the railroad operator’s stock after selling 293 shares during the period. Bridgewater Advisors Inc.’s holdings in Union Pacific were worth $1,366,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of UNP. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Union Pacific by 10.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after purchasing an additional 8,925 shares during the last quarter. LGT Group Foundation grew its holdings in shares of Union Pacific by 9.7% in the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after purchasing an additional 477 shares during the last quarter. Nuveen LLC bought a new position in shares of Union Pacific in the first quarter worth approximately $988,822,000. SlateStone Wealth LLC grew its holdings in shares of Union Pacific by 6.2% in the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after purchasing an additional 772 shares during the last quarter. Finally, Gallacher Capital Management LLC grew its holdings in shares of Union Pacific by 153.1% in the first quarter. Gallacher Capital Management LLC now owns 2,513 shares of the railroad operator’s stock worth $594,000 after purchasing an additional 1,520 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on UNP shares. Susquehanna reaffirmed a “positive” rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and raised their price target for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. Royal Bank Of Canada raised their price target on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. BMO Capital Markets dropped their price target on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. Finally, Citigroup raised their price target on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. One 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 company. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $220.80 on Monday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $130.97 billion, a P/E ratio of 18.76, a P/E/G ratio of 2.27 and a beta of 1.07. The business has a fifty day simple moving average of $224.37 and a two-hundred day simple moving average of $224.37. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

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

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.