Foster & Motley Inc. Purchases 87 Shares of Union Pacific Corporation $UNP

Foster & Motley Inc. lifted its position in Union Pacific Corporation (NYSE:UNP) by 0.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 12,713 shares of the railroad operator’s stock after acquiring an additional 87 shares during the quarter. Foster & Motley Inc.’s holdings in Union Pacific were worth $2,925,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp grew its stake in shares of Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock worth $1,678,575,000 after acquiring an additional 142,732 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Union Pacific by 5.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after acquiring an additional 354,463 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of Union Pacific by 1.7% in the 1st quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after buying an additional 86,292 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of Union Pacific by 10.8% in the 1st quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after buying an additional 452,788 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of Union Pacific in the 1st quarter worth about $988,822,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on UNP shares. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Baird R W raised shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Evercore ISI cut their price target on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a report on Friday, July 25th. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and boosted their price target for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Finally, Susquehanna reissued a “positive” rating and issued a $272.00 price target (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $261.58.

Union Pacific Price Performance

NYSE UNP opened at $225.98 on Friday. The company has a market cap of $134.03 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The firm’s 50-day simple moving average is $224.71 and its two-hundred day simple moving average is $224.02.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.74 earnings per share. Research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

About Union Pacific

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.