RPG Investment Advisory LLC increased its position in shares of Union Pacific Co. (NYSE:UNP) by 19.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,130 shares of the railroad operator’s stock after acquiring an additional 2,599 shares during the period. RPG Investment Advisory LLC’s holdings in Union Pacific were worth $2,626,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the stock. Principal Financial Group Inc. increased its holdings in shares of Union Pacific by 9.0% in the 1st quarter. Principal Financial Group Inc. now owns 2,439,928 shares of the railroad operator’s stock worth $327,999,000 after buying an additional 202,340 shares during the last quarter. Clinton Group Inc. bought a new position in shares of Union Pacific in the 2nd quarter worth $241,000. Xact Kapitalforvaltning AB increased its holdings in shares of Union Pacific by 2.7% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 153,049 shares of the railroad operator’s stock worth $21,684,000 after buying an additional 3,956 shares during the last quarter. Gateway Investment Advisers LLC bought a new position in shares of Union Pacific in the 2nd quarter worth $5,900,000. Finally, BLB&B Advisors LLC bought a new position in shares of Union Pacific in the 2nd quarter worth $545,000. 80.80% of the stock is currently owned by institutional investors and hedge funds.
A number of brokerages have recently issued reports on UNP. Loop Capital raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Tuesday, September 18th. Barclays reaffirmed a “buy” rating and issued a $180.00 price objective on shares of Union Pacific in a research note on Wednesday, September 26th. Credit Suisse Group upped their price objective on shares of Union Pacific from $167.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, September 20th. Bank of America upped their price objective on shares of Union Pacific from $175.00 to $177.00 and gave the company a “buy” rating in a research note on Monday, October 1st. Finally, Cowen reaffirmed a “hold” rating and issued a $151.00 price objective on shares of Union Pacific in a research note on Tuesday, September 18th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Union Pacific presently has an average rating of “Hold” and a consensus price target of $161.44.
Shares of UNP opened at $150.25 on Friday. The firm has a market cap of $112.63 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 1.83 and a beta of 0.95. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.06 and a quick ratio of 0.89. Union Pacific Co. has a twelve month low of $115.16 and a twelve month high of $165.63.
Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.10 by $0.05. The business had revenue of $5.93 billion during the quarter, compared to analysts’ expectations of $5.88 billion. Union Pacific had a net margin of 51.90% and a return on equity of 25.02%. During the same quarter in the prior year, the company posted $1.50 EPS. As a group, equities research analysts forecast that Union Pacific Co. will post 7.84 EPS for the current fiscal year.
In other Union Pacific news, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the completion of the sale, the executive vice president now owns 53,978 shares of the company’s stock, valued at approximately $8,189,542.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction on Monday, September 24th. The shares were sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the sale, the executive vice president now directly owns 106,518 shares of the company’s stock, valued at approximately $17,448,713.58. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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