Union Pacific Corporation $UNP Stock Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 6.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,509 shares of the railroad operator’s stock after purchasing an additional 2,371 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Union Pacific were worth $10,207,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Legal & General Group Plc purchased a new stake in shares of Union Pacific during the 2nd quarter worth $1,193,135,000. Canada Pension Plan Investment Board bought a new stake in Union Pacific during the second quarter valued at about $1,094,677,000. Bank of America Corp DE grew its stake in Union Pacific by 16.8% in the first quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator’s stock valued at $3,509,030,000 after purchasing an additional 2,084,808 shares during the last quarter. Jupiter Topco LLC purchased a new position in Union Pacific in the second quarter valued at about $479,274,000. Finally, State Street Corp grew its stake in Union Pacific by 4.9% in the second quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock valued at $7,586,243,000 after purchasing an additional 1,302,732 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UNP has been the subject of a number of recent research reports. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $322.00 to $321.00 and set a “neutral” rating for the company in a report on Friday, October 23rd. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Susquehanna lifted their price objective on shares of Union Pacific from $333.00 to $345.00 and gave the stock a “positive” rating in a research report on Tuesday, October 27th. Stephens boosted their price objective on shares of Union Pacific from $340.00 to $352.00 and gave the stock an “overweight” rating in a research note on Thursday, October 22nd. Finally, Evercore decreased their target price on shares of Union Pacific from $329.00 to $322.00 and set an “outperform” rating for the company in a research report on Wednesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $325.09.

Union Pacific Trading Up 1.3%

Union Pacific stock opened at $300.84 on Wednesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 1.16. The stock has a market cap of $178.77 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of 2.74 and a beta of 0.84. The stock has a 50-day moving average of $286.49 and a two-hundred day moving average of $272.59. Union Pacific Corporation has a one year low of $219.89 and a one year high of $315.99.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, topping analysts’ consensus estimates of $3.47 by $0.06. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The business had revenue of $7.20 billion for the quarter, compared to analyst estimates of $7.16 billion. During the same quarter in the previous year, the firm earned $3.08 earnings per share. The company’s revenue was up 15.3% on a year-over-year basis. On average, research analysts anticipate that Union Pacific Corporation will post 13.13 EPS for the current fiscal year.

Union Pacific Profile

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada. The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.