Andra AP fonden Boosts Stock Position in Union Pacific Corporation $UNP

Andra AP fonden boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 189.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110,714 shares of the railroad operator’s stock after buying an additional 72,400 shares during the quarter. Andra AP fonden’s holdings in Union Pacific were worth $25,473,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. CBIZ Investment Advisory Services LLC increased 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 valued at $28,000 after acquiring an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific in the first quarter valued at approximately $32,000. Access Investment Management LLC purchased a new position in Union Pacific in the second quarter valued at approximately $32,000. WPG Advisers LLC purchased a new position in Union Pacific in the first quarter valued at approximately $33,000. Finally, Cornerstone Planning Group LLC increased its stake in 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 purchasing an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent analyst reports. UBS Group set a $253.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Sanford C. Bernstein lifted their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. BMO Capital Markets cut their target price on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, October 24th. Wells Fargo & Company lifted their target price on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, Citigroup lifted their price target on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Trading Down 1.6%

NYSE UNP opened at $217.47 on Thursday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The firm has a market cap of $128.99 billion, a PE ratio of 18.48, a P/E/G ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The firm’s fifty day moving average is $224.18 and its two-hundred day moving average is $224.32.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.75 EPS. Analysts expect that Union Pacific Corporation will post 11.99 earnings per share 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.