St. Johns Investment Management Company LLC Raises Holdings in Union Pacific Corporation $UNP

St. Johns Investment Management Company LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 1.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,012 shares of the railroad operator’s stock after purchasing an additional 46 shares during the quarter. St. Johns Investment Management Company LLC’s holdings in Union Pacific were worth $693,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. boosted its stake in Union Pacific by 10.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after buying an additional 8,925 shares during the last quarter. LGT Group Foundation boosted its stake in Union Pacific by 9.7% during the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after buying an additional 477 shares during the last quarter. Nuveen LLC acquired a new position in Union Pacific during the first quarter worth $988,822,000. SlateStone Wealth LLC boosted its stake in Union Pacific by 6.2% during the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after buying an additional 772 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC boosted its stake in Union Pacific by 10.9% during the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after buying an additional 359 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on UNP shares. UBS Group set a $253.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Sanford C. Bernstein upped their price target on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. JPMorgan Chase & Co. decreased their price target on Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Citigroup reaffirmed a “buy” rating and issued a $263.00 price target (up previously from $251.00) on shares of Union Pacific in a research note on Monday, October 13th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.58.

Union Pacific Price Performance

UNP stock opened at $226.50 on Wednesday. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $134.34 billion, a PE ratio of 19.68, a P/E/G ratio of 2.36 and a beta of 1.07. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The business’s fifty day moving average price is $225.02 and its 200 day moving average price is $224.14.

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, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the previous year, the business earned $2.74 EPS. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current 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.