Union Pacific Corporation $UNP Shares Purchased by Peterson Wealth Services

Peterson Wealth Services raised its position in Union Pacific Corporation (NYSE:UNP) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,821 shares of the railroad operator’s stock after acquiring an additional 444 shares during the quarter. Union Pacific makes up approximately 1.2% of Peterson Wealth Services’ portfolio, making the stock its 23rd biggest position. Peterson Wealth Services’ holdings in Union Pacific were worth $4,330,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after acquiring an additional 1,520 shares in the last quarter. Perigon Wealth Management LLC grew its stake in Union Pacific by 4.4% during the 1st quarter. Perigon Wealth Management LLC now owns 7,780 shares of the railroad operator’s stock worth $1,838,000 after purchasing an additional 325 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in Union Pacific by 67.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 62,491 shares of the railroad operator’s stock worth $14,763,000 after purchasing an additional 25,155 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in Union Pacific by 11.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 7,202 shares of the railroad operator’s stock worth $1,701,000 after purchasing an additional 767 shares during the period. Finally, Diversified Trust Co raised its position in Union Pacific by 4.7% in the 1st quarter. Diversified Trust Co now owns 12,402 shares of the railroad operator’s stock valued at $2,930,000 after purchasing an additional 558 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Robert W. Baird began coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective on the stock. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. BMO Capital Markets lowered their target price on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Cowen restated a “buy” rating on shares of Union Pacific in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Stock Performance

Shares of UNP stock opened at $216.56 on Friday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.53 and a current ratio of 0.75. The firm has a market cap of $128.44 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.29 and a beta of 1.07. The stock’s 50-day moving average is $224.95 and its two-hundred day moving average is $224.28.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.75 EPS. 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.