Swiss National Bank lifted its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 0.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,811,000 shares of the railroad operator's stock after purchasing an additional 5,600 shares during the period. Swiss National Bank owned 0.30% of Union Pacific worth $446,375,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its holdings in Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock worth $1,880,701,000 after buying an additional 106,996 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator's stock valued at $1,812,689,000 after acquiring an additional 518,985 shares during the period. Legal & General Group Plc boosted its holdings in Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator's stock valued at $1,350,924,000 after acquiring an additional 124,571 shares during the last quarter. Clearbridge Investments LLC increased its position in Union Pacific by 5.7% in the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator's stock worth $1,081,348,000 after purchasing an additional 237,083 shares during the period. Finally, Canada Pension Plan Investment Board raised its holdings in Union Pacific by 8.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator's stock worth $954,530,000 after purchasing an additional 322,129 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on UNP. Daiwa America lowered shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, September 4th. Raymond James raised their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the company a "strong-buy" rating in a research note on Monday, October 14th. Benchmark reiterated a "buy" rating and set a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Barclays raised their price target on Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. dropped their price objective on Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.80.
Check Out Our Latest Report on Union Pacific
Union Pacific Stock Down 0.0 %
NYSE UNP traded down $0.01 on Friday, reaching $235.57. The company had a trading volume of 2,068,472 shares, compared to its average volume of 2,807,275. The company's fifty day moving average is $241.86 and its 200-day moving average is $238.62. The firm has a market capitalization of $142.82 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 1-year low of $216.79 and a 1-year high of $258.66.
Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the company earned $2.51 earnings per share. The firm's quarterly revenue was up 2.5% on a year-over-year basis. On average, research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.
About Union Pacific
(
Free Report)
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.
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