Union Pacific Co. (UNP) Stake Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 8.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 129,212 shares of the railroad operator’s stock after acquiring an additional 10,013 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Union Pacific were worth $21,040,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UNP. Morgan Stanley raised its holdings in shares of Union Pacific by 2.8% during the 2nd quarter. Morgan Stanley now owns 15,035,819 shares of the railroad operator’s stock worth $2,130,275,000 after buying an additional 413,967 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Union Pacific by 55.7% during the 2nd quarter. Janus Henderson Group PLC now owns 5,526,282 shares of the railroad operator’s stock worth $782,980,000 after buying an additional 1,977,446 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Union Pacific by 1.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 5,110,636 shares of the railroad operator’s stock worth $724,075,000 after buying an additional 91,243 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of Union Pacific by 1.9% during the 2nd quarter. Canada Pension Plan Investment Board now owns 3,718,928 shares of the railroad operator’s stock worth $526,898,000 after buying an additional 68,502 shares in the last quarter. Finally, Egerton Capital UK LLP raised its holdings in shares of Union Pacific by 0.3% during the 2nd quarter. Egerton Capital UK LLP now owns 3,279,188 shares of the railroad operator’s stock worth $464,595,000 after buying an additional 10,130 shares in the last quarter. Hedge funds and other institutional investors own 80.80% of the company’s stock.

In other Union Pacific news, EVP Lynden L. Tennison sold 8,450 shares of the company’s stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total value of $1,282,034.00. Following the sale, the executive vice president now owns 53,978 shares in the company, valued at approximately $8,189,542.16. The transaction 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 company’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $163.81, for a total value of $3,276,200.00. Following the completion of the sale, the executive vice president now owns 106,518 shares in the company, valued at approximately $17,448,713.58. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.

A number of equities analysts have recently commented on the company. Bank of America boosted their price target on Union Pacific from $175.00 to $177.00 and gave the stock a “buy” rating in a report on Monday, October 1st. Morgan Stanley boosted their price target on Union Pacific from $140.00 to $141.00 and gave the stock a “hold” rating in a report on Tuesday, October 9th. ValuEngine raised Union Pacific from a “hold” rating to a “buy” rating in a report on Tuesday, September 18th. Wolfe Research set a $185.00 price target on Union Pacific and gave the stock a “buy” rating in a report on Tuesday, September 18th. Finally, BMO Capital Markets boosted their price target on Union Pacific to $180.00 and gave the stock an “outperform” rating in a report on Thursday, September 20th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $161.44.

Shares of UNP opened at $150.25 on Friday. Union Pacific Co. has a 12-month low of $115.16 and a 12-month high of $165.63. The company has a quick ratio of 0.89, a current ratio of 1.06 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $112.63 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 1.83 and a beta of 0.95.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. The business had revenue of $5.93 billion during the quarter, compared to analysts’ expectations of $5.88 billion. During the same quarter in the prior year, the firm earned $1.50 EPS. As a group, research analysts forecast that Union Pacific Co. will post 7.84 earnings per share for the current fiscal year.

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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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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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