Prospera Private Wealth LLC Has $11.61 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Prospera Private Wealth LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 5,203.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,099 shares of the railroad operator's stock after purchasing an additional 46,211 shares during the quarter. Union Pacific makes up about 2.1% of Prospera Private Wealth LLC's portfolio, making the stock its 8th largest holding. Prospera Private Wealth LLC's holdings in Union Pacific were worth $11,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of UNP. Edgestream Partners L.P. acquired a new stake in Union Pacific during the first quarter worth approximately $217,000. Crewe Advisors LLC purchased a new position in Union Pacific in the first quarter worth $263,000. EntryPoint Capital LLC purchased a new stake in Union Pacific during the first quarter worth about $97,000. Delap Wealth Advisory LLC purchased a new stake in shares of Union Pacific during the 1st quarter worth approximately $289,000. Finally, CreativeOne Wealth LLC lifted its stake in Union Pacific by 7.4% in the first quarter. CreativeOne Wealth LLC now owns 15,996 shares of the railroad operator's stock valued at $3,934,000 after purchasing an additional 1,098 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on UNP. Sanford C. Bernstein dropped their price target on Union Pacific from $277.00 to $272.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 9th. Stifel Nicolaus lowered their price target on shares of Union Pacific from $265.00 to $262.00 and set a "buy" rating on the stock in a report on Friday, October 25th. Evercore ISI lowered Union Pacific from an "outperform" rating to an "inline" rating and decreased their target price for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. BMO Capital Markets reduced their price objective on Union Pacific from $280.00 to $275.00 and set an "outperform" rating on the stock in a research report on Friday, September 20th. Finally, Daiwa America lowered Union Pacific from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, September 4th. Nine investment 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's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Stock Down 0.3 %

Shares of UNP traded down $0.66 on Wednesday, hitting $232.63. 338,273 shares of the stock traded hands, compared to its average volume of 2,299,637. The company has a market capitalization of $141.03 billion, a PE ratio of 21.38, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The business has a 50 day simple moving average of $241.14 and a 200 day simple moving average of $238.55.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate 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 company's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the business earned $2.51 earnings per share. As a group, equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

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.