Wendell David Associates Inc. Has $2.43 Million Stock Position in Union Pacific Corporation $UNP

Wendell David Associates Inc. lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,546 shares of the railroad operator’s stock after selling 150 shares during the quarter. Wendell David Associates Inc.’s holdings in Union Pacific were worth $2,426,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC increased its position in Union Pacific by 1,400.0% during the first 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. Financial Gravity Asset Management Inc. acquired a new position in Union Pacific during the first quarter worth approximately $32,000. WPG Advisers LLC acquired a new position in Union Pacific during the first quarter worth approximately $33,000. GFG Capital LLC acquired a new position in Union Pacific during the second quarter worth approximately $38,000. Finally, Cornerstone Planning Group LLC increased its position in Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.9%

Shares of UNP stock opened at $225.98 on Friday. 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 stock has a market cap of $134.03 billion, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07. The stock has a 50 day simple moving average of $224.71 and a 200 day simple moving average of $224.02. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results 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. The business had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.74 earnings per share. On average, research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Sanford C. Bernstein boosted their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Baird R W upgraded Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Susquehanna restated a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Finally, Morgan Stanley reduced their price objective on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a report on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.58.

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.