Burling Wealth Partners LLC Has $2.97 Million Stock Position in Union Pacific Corporation $UNP

Burling Wealth Partners LLC reduced its stake in shares of Union Pacific Corporation (NYSE:UNP) by 15.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,896 shares of the railroad operator’s stock after selling 2,279 shares during the quarter. Burling Wealth Partners LLC’s holdings in Union Pacific were worth $2,967,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its holdings in Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock valued at $21,475,000 after buying an additional 8,925 shares during the period. LGT Group Foundation lifted its holdings in shares of Union Pacific by 9.7% during the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after acquiring an additional 477 shares during the period. Nuveen LLC bought a new stake in Union Pacific in the first quarter valued at about $988,822,000. SlateStone Wealth LLC boosted its holdings in Union Pacific by 6.2% during the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after purchasing an additional 772 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI grew its stake in shares of Union Pacific by 26.4% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 23,875 shares of the railroad operator’s stock valued at $5,494,000 after purchasing an additional 4,980 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $221.48 on Friday. The business has a fifty day moving average of $224.13 and a 200-day moving average of $224.52. The firm has a market cap of $131.37 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. 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 Corporation has a twelve month low of $204.66 and a twelve month high of $256.84.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. During the same quarter in the prior year, the firm earned $2.75 EPS. The company’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UNP has been the subject of several analyst reports. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Royal Bank Of Canada upped their target price on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Sanford C. Bernstein increased their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Finally, Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. One investment 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. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Company 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.