Union Pacific Corporation $UNP Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 12.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 102,892 shares of the railroad operator’s stock after acquiring an additional 10,984 shares during the quarter. ProShare Advisors LLC’s holdings in Union Pacific were worth $23,673,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the period. Access Investment Management LLC acquired a new position in shares of Union Pacific in the 2nd quarter worth approximately $32,000. WPG Advisers LLC bought a new stake in shares of Union Pacific in the 1st quarter worth approximately $33,000. GFG Capital LLC bought a new stake in Union Pacific during the second quarter worth approximately $38,000. Finally, IMA Advisory Services Inc. acquired a new position in Union Pacific in the first quarter worth approximately $43,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UNP. Royal Bank Of Canada raised their price objective on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. boosted their price target on shares of Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company increased their target price on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Trading Up 0.4%

Union Pacific stock opened at $224.72 on Wednesday. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company’s fifty day simple moving average is $224.12 and its 200-day simple moving average is $224.54. The stock has a market cap of $133.30 billion, a P/E ratio of 19.09, a P/E/G ratio of 2.27 and a beta of 1.04.

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