Impax Asset Management Group plc Has $139.47 Million Holdings in Union Pacific Corporation $UNP

Impax Asset Management Group plc trimmed its stake in Union Pacific Corporation (NYSE:UNP) by 7.5% in the second quarter, HoldingsChannel.com reports. The firm owned 606,159 shares of the railroad operator’s stock after selling 49,155 shares during the period. Impax Asset Management Group plc’s holdings in Union Pacific were worth $139,465,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Pines Wealth Management LLC increased its stake in shares of Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after buying an additional 43 shares during the period. Titleist Asset Management LLC boosted its holdings in Union Pacific by 1.1% in the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after acquiring an additional 44 shares during the last quarter. Five Oceans Advisors increased its position in Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares during the period. St. Johns Investment Management Company LLC raised its holdings in Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after purchasing an additional 46 shares during the last quarter. Finally, Schubert & Co lifted its position in shares of Union Pacific by 1.9% in the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after purchasing an additional 47 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on UNP shares. Citigroup boosted their target price on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 24th. BMO Capital Markets dropped their price objective on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Susquehanna reiterated a “positive” rating and issued a $272.00 target price (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Finally, Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the stock from $250.00 to $285.00 in a report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Trading Down 0.5%

Shares of Union Pacific stock opened at $223.68 on Thursday. The stock has a market capitalization of $132.68 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The stock has a 50 day moving average price of $224.17 and a two-hundred day moving average price of $224.54. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75.

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

About Union Pacific

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.