Simon Quick Advisors LLC Acquires 173 Shares of Union Pacific Corporation $UNP

Simon Quick Advisors LLC grew its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 3.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,223 shares of the railroad operator’s stock after purchasing an additional 173 shares during the quarter. Simon Quick Advisors LLC’s holdings in Union Pacific were worth $1,202,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC boosted its position 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 worth $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Asset Management Inc. bought a new position in Union Pacific during the first quarter worth about $32,000. WPG Advisers LLC bought a new position in Union Pacific during the first quarter worth about $33,000. Cornerstone Planning Group LLC boosted its position in Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 56 shares during the period. Finally, GFG Capital LLC bought a new position in Union Pacific during the second quarter worth about $38,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on UNP shares. Susquehanna reiterated a “positive” rating and set a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Cowen reissued a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Sanford C. Bernstein increased their price target on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Morgan Stanley lowered their price target on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. Finally, Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and increased their price target for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. One 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 data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Trading Up 1.2%

Shares of UNP opened at $218.89 on Friday. The firm’s 50 day simple moving average is $224.50 and its 200 day simple moving average is $224.30. The company has a market capitalization of $129.84 billion, a P/E ratio of 18.60, a P/E/G ratio of 2.27 and a beta of 1.07. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business 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%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $2.75 earnings per share. Sell-side 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.