Keeler Thomas Management LLC cut its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 81.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,383 shares of the railroad operator’s stock after selling 6,255 shares during the period. Keeler Thomas Management LLC’s holdings in Union Pacific were worth $318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. boosted its stake in Union Pacific by 10.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after buying an additional 8,925 shares during the last quarter. LGT Group Foundation boosted its stake in Union Pacific by 9.7% during the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after buying an additional 477 shares during the last quarter. Nuveen LLC acquired a new position in Union Pacific during the first quarter worth $988,822,000. SlateStone Wealth LLC boosted its stake in Union Pacific by 6.2% during the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after buying an additional 772 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC boosted its stake in Union Pacific by 10.9% during the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after buying an additional 359 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Price Performance
UNP stock opened at $216.56 on Friday. The business’s fifty day moving average price is $224.95 and its 200 day moving average price is $224.28. The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The company has a market capitalization of $128.44 billion, a PE ratio of 18.40, a P/E/G ratio of 2.29 and a beta of 1.07.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Evercore ISI lowered their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Friday. TD Cowen reduced their target price on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday. Royal Bank Of Canada lifted their target price on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. boosted their price objective on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.63.
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.
See Also
- Five stocks we like better than Union Pacific
- Health Care Stocks Explained: Why You Might Want to Invest
- Time to Take Notice: PEGA’s GenAI Blueprint Delivers Huge Q3 Beat
- Dividend Payout Ratio Calculator
- MarketBeat Week in Review – 10/20 – 10/24
- How to Start Investing in Real Estate
- Rayonier-PotlatchDeltic Merger Signals Industry Upside
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
