Kanawha Capital Management LLC Buys 449 Shares of Union Pacific Corporation $UNP

Kanawha Capital Management LLC increased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 10.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,629 shares of the railroad operator’s stock after acquiring an additional 449 shares during the quarter. Kanawha Capital Management LLC’s holdings in Union Pacific were worth $1,065,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Nicholson Wealth Management Group LLC boosted its stake in Union Pacific by 3.1% during the second quarter. Nicholson Wealth Management Group LLC now owns 8,307 shares of the railroad operator’s stock worth $1,911,000 after acquiring an additional 252 shares in the last quarter. Easterly Investment Partners LLC lifted its stake in shares of Union Pacific by 50.5% in the second quarter. Easterly Investment Partners LLC now owns 15,317 shares of the railroad operator’s stock valued at $3,524,000 after buying an additional 5,141 shares in the last quarter. Arista Wealth Management LLC bought a new position in shares of Union Pacific in the second quarter valued at $201,000. Stratos Wealth Partners LTD. lifted its stake in shares of Union Pacific by 4.3% in the second quarter. Stratos Wealth Partners LTD. now owns 15,185 shares of the railroad operator’s stock valued at $3,494,000 after buying an additional 621 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of Union Pacific by 2.7% in the second quarter. Private Trust Co. NA now owns 16,845 shares of the railroad operator’s stock valued at $3,876,000 after buying an additional 440 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and raised their price objective for the company from $214.00 to $227.00 in a research note on Tuesday, September 16th. Wells Fargo & Company raised their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and raised their price objective for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Sanford C. Bernstein raised their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Finally, Susquehanna reaffirmed a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.58.

Union Pacific Stock Performance

NYSE UNP opened at $225.98 on Friday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a 50-day simple moving average of $224.71 and a 200 day simple moving average of $224.12. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The company has a market capitalization of $134.03 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter last year, the company posted $2.74 earnings per share. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, research analysts predict that Union Pacific Corporation will post 11.99 EPS 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.