Union Pacific Corporation $UNP Shares Bought by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC grew its stake in Union Pacific Corporation (NYSE:UNP) by 16.6% during the 2nd quarter, Holdings Channel reports. The firm owned 3,941 shares of the railroad operator’s stock after purchasing an additional 562 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in Union Pacific were worth $907,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. CBIZ Investment Advisory Services LLC boosted its holdings in Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares during the last quarter. Access Investment Management LLC acquired a new position in shares of Union Pacific during the second quarter valued at approximately $32,000. WPG Advisers LLC purchased a new position in shares of Union Pacific in the first quarter valued at approximately $33,000. GFG Capital LLC purchased a new position in shares of Union Pacific in the second quarter valued at approximately $38,000. Finally, IMA Advisory Services Inc. acquired a new stake in shares of Union Pacific in the first quarter worth approximately $43,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP stock opened at $224.72 on Wednesday. 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 $133.30 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The firm’s 50-day moving average is $224.12 and its two-hundred day moving average is $224.54. 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 results 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 business had revenue of $6.24 billion during 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 was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.75 EPS. Analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Wall Street Analyst Weigh In

UNP has been the subject of several recent research reports. Susquehanna reissued 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. Cowen reaffirmed a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. UBS Group set a $253.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Finally, Evercore ISI dropped their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $261.63.

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.