Union Pacific Corporation $UNP Shares Acquired by Machina Capital S.A.S.

Machina Capital S.A.S. increased its holdings in Union Pacific Corporation (NYSE:UNP) by 35.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,793 shares of the railroad operator’s stock after buying an additional 2,578 shares during the quarter. Machina Capital S.A.S.’s holdings in Union Pacific were worth $2,253,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Westside Investment Management Inc. boosted its stake in shares of Union Pacific by 45.3% during the 2nd quarter. Westside Investment Management Inc. now owns 385 shares of the railroad operator’s stock worth $89,000 after acquiring an additional 120 shares in the last quarter. AAF Wealth Management LLC purchased a new stake in shares of Union Pacific in the second quarter valued at $205,000. iA Global Asset Management Inc. raised its holdings in shares of Union Pacific by 54.7% during the second quarter. iA Global Asset Management Inc. now owns 240,432 shares of the railroad operator’s stock worth $55,319,000 after acquiring an additional 85,031 shares in the last quarter. Castlekeep Investment Advisors LLC raised its holdings in shares of Union Pacific by 9.8% during the second quarter. Castlekeep Investment Advisors LLC now owns 5,426 shares of the railroad operator’s stock worth $1,248,000 after acquiring an additional 486 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Union Pacific during the second quarter worth $10,354,000. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Citigroup raised their target price on Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 24th. Sanford C. Bernstein lifted their price objective on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Susquehanna reiterated a “positive” rating and set a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. One 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’s stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Up 0.9%

Union Pacific stock opened at $220.80 on Monday. The stock has a market cap of $130.97 billion, a P/E ratio of 18.76, a P/E/G ratio of 2.27 and a beta of 1.07. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The company’s 50-day moving average price is $224.37 and its two-hundred day moving average price is $224.37.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping 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 company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same period last year, the firm earned $2.75 earnings per share. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

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.