Putney Financial Group LLC Has $1.15 Million Stock Position in Union Pacific Corporation $UNP

Putney Financial Group LLC reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 13.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,994 shares of the railroad operator’s stock after selling 760 shares during the period. Union Pacific comprises about 0.9% of Putney Financial Group LLC’s investment portfolio, making the stock its 21st biggest position. Putney Financial Group LLC’s holdings in Union Pacific were worth $1,149,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC boosted its holdings in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new position in Union Pacific in the 1st quarter valued at $32,000. WPG Advisers LLC acquired a new position in Union Pacific in the first quarter worth $33,000. GFG Capital LLC bought a new stake in shares of Union Pacific during the second quarter worth $38,000. Finally, Cornerstone Planning Group LLC increased its stake 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 buying an additional 56 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 1.2%

Shares of NYSE:UNP opened at $218.89 on Friday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The stock has a market cap of $129.84 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 2.27 and a beta of 1.07. The company has a 50 day moving average of $224.50 and a 200-day moving average of $224.30. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. During the same period in the prior year, the business posted $2.75 earnings per share. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on UNP shares. Susquehanna reiterated a “positive” rating and set a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Morgan Stanley reduced their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Monday, July 7th. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Royal Bank Of Canada raised their price target on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Finally, Wells Fargo & Company upped their price objective on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. 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 MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price 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.