Koshinski Asset Management Inc. lifted its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 6.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,871 shares of the railroad operator’s stock after acquiring an additional 371 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Union Pacific were worth $1,351,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC raised its stake in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific during the 1st quarter valued at about $32,000. WPG Advisers LLC acquired a new position in Union Pacific during the first quarter worth about $33,000. GFG Capital LLC acquired a new position in Union Pacific during the second quarter worth about $38,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
UNP has been the subject of several research reports. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Robert W. Baird assumed coverage on Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective on the stock. Sanford C. Bernstein lifted their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, BMO Capital Markets raised their price target on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $261.58.
Union Pacific Stock Performance
Shares of UNP stock opened at $225.98 on Friday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm has a market capitalization of $134.03 billion, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a 50 day moving average price of $224.71 and a 200 day moving average price of $224.02.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. The company had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.74 EPS. Sell-side analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific Company 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.
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