Mirae Asset Global Investments Co. Ltd. Purchases 5,646 Shares of Union Pacific Co. (NYSE:UNP)

Mirae Asset Global Investments Co. Ltd. grew its position in Union Pacific Co. (NYSE:UNP - Free Report) by 15.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 42,514 shares of the railroad operator's stock after purchasing an additional 5,646 shares during the period. Mirae Asset Global Investments Co. Ltd.'s holdings in Union Pacific were worth $10,383,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UNP. St. Johns Investment Management Company LLC grew its holdings in Union Pacific by 9.0% in the 3rd quarter. St. Johns Investment Management Company LLC now owns 3,054 shares of the railroad operator's stock worth $753,000 after buying an additional 251 shares in the last quarter. BKM Wealth Management LLC acquired a new position in Union Pacific during the 3rd quarter worth $245,000. Parcion Private Wealth LLC grew its stake in shares of Union Pacific by 3.8% in the third quarter. Parcion Private Wealth LLC now owns 11,396 shares of the railroad operator's stock worth $2,809,000 after purchasing an additional 413 shares in the last quarter. Outlook Wealth Advisors LLC increased its holdings in shares of Union Pacific by 5.6% during the third quarter. Outlook Wealth Advisors LLC now owns 1,953 shares of the railroad operator's stock valued at $481,000 after purchasing an additional 103 shares during the period. Finally, Allworth Financial LP raised its stake in shares of Union Pacific by 6.9% during the third quarter. Allworth Financial LP now owns 50,757 shares of the railroad operator's stock valued at $12,511,000 after purchasing an additional 3,288 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Trading Up 0.7 %

NYSE UNP traded up $1.68 on Monday, hitting $231.98. 2,182,776 shares of the stock were exchanged, compared to its average volume of 2,282,306. The company's 50-day moving average price is $245.74 and its two-hundred day moving average price is $238.44. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 52-week low of $202.41 and a 52-week high of $258.66. The company has a market capitalization of $140.64 billion, a price-to-earnings ratio of 21.30, a P/E/G ratio of 2.26 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts' consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.51 EPS. Research analysts predict that Union Pacific Co. will post 11.02 EPS for the current year.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the firm's stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.26% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UNP. Raymond James increased their target price on shares of Union Pacific from $265.00 to $275.00 and gave the company a "strong-buy" rating in a research report on Monday, October 14th. Wells Fargo & Company decreased their price objective on shares of Union Pacific from $270.00 to $255.00 and set an "overweight" rating for the company in a report on Friday. Evercore ISI cut Union Pacific from an "outperform" rating to an "inline" rating and dropped their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. BMO Capital Markets cut their target price on Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a research report on Friday, September 20th. Finally, TD Cowen lowered their price target on Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research report on Friday. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of "Moderate Buy" and an average price target of $259.15.

Union Pacific 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.