Advisory Alpha LLC Grows Stock Position in Union Pacific Corporation $UNP

Advisory Alpha LLC grew its position in Union Pacific Corporation (NYSE:UNP) by 6.2% during the second quarter, Holdings Channel reports. The firm owned 2,418 shares of the railroad operator’s stock after acquiring an additional 142 shares during the period. Advisory Alpha LLC’s holdings in Union Pacific were worth $556,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Northern Trust Corp increased its holdings in shares of Union Pacific by 2.0% in the first quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock valued at $1,678,575,000 after purchasing an additional 142,732 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Union Pacific by 5.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock valued at $1,641,715,000 after purchasing an additional 354,463 shares during the period. Royal Bank of Canada increased its holdings in shares of Union Pacific by 1.7% in the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock valued at $1,206,191,000 after purchasing an additional 86,292 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of Union Pacific by 10.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock valued at $1,092,893,000 after purchasing an additional 452,788 shares during the period. Finally, Nuveen LLC acquired a new position in shares of Union Pacific in the first quarter valued at about $988,822,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.5%

Shares of UNP opened at $216.51 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.60 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 stock’s 50 day moving average is $224.62 and its two-hundred day moving average is $224.34. The firm has a market cap of $128.42 billion, a P/E ratio of 18.40, a PEG ratio of 2.29 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. During the same period last year, the company earned $2.75 earnings per share. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. Susquehanna reissued a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. JPMorgan Chase & Co. raised their target price on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Barclays lowered Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Sanford C. Bernstein raised their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Finally, Citigroup raised their target price on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 24th. One equities research 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 data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

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.