Union Pacific Corporation $UNP Stock Purchased by Lyell Wealth Management LP

Lyell Wealth Management LP boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 11.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,129 shares of the railroad operator’s stock after purchasing an additional 3,539 shares during the quarter. Lyell Wealth Management LP’s holdings in Union Pacific were worth $9,560,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Eastern Bank raised its holdings in Union Pacific by 2.6% in the third quarter. Eastern Bank now owns 214,567 shares of the railroad operator’s stock valued at $58,390,000 after acquiring an additional 5,380 shares in the last quarter. BNP Paribas lifted its stake in Union Pacific by 21.5% in the second quarter. BNP Paribas now owns 60,465 shares of the railroad operator’s stock worth $16,454,000 after acquiring an additional 10,706 shares during the last quarter. QRG Capital Management Inc. grew its holdings in Union Pacific by 9.4% during the 2nd quarter. QRG Capital Management Inc. now owns 102,949 shares of the railroad operator’s stock worth $28,002,000 after acquiring an additional 8,842 shares in the last quarter. KBC Group NV increased its position in shares of Union Pacific by 17.7% in the 2nd quarter. KBC Group NV now owns 108,489 shares of the railroad operator’s stock valued at $29,509,000 after purchasing an additional 16,295 shares during the last quarter. Finally, Axiom Investment Management LLC purchased a new stake in shares of Union Pacific in the 1st quarter valued at approximately $9,151,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP stock opened at $303.62 on Wednesday. The business has a 50 day moving average price of $287.36 and a 200 day moving average price of $270.83. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32. The stock has a market cap of $180.43 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 3.03 and a beta of 0.84. Union Pacific Corporation has a fifty-two week low of $216.32 and a fifty-two week high of $315.99.

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

Analysts Set New Price Targets

UNP has been the topic of a number of analyst reports. Royal Bank Of Canada set a $328.00 price objective on shares of Union Pacific in a report on Friday, October 23rd. JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $322.00 to $321.00 and set a “neutral” rating for the company in a research note on Friday, October 23rd. The Goldman Sachs Group set a $317.00 target price on Union Pacific and gave the company a “neutral” rating in a report on Thursday, July 23rd. Wells Fargo & Company restated an “overweight” rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Finally, Citigroup restated a “market outperform” rating on shares of Union Pacific in a research note on Friday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.44.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.