Union Pacific Corporation $UNP Stock: Keybank National Association OH Decreases Position

Keybank National Association OH lessened its position in Union Pacific Corporation (NYSE:UNP) by 1.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 270,874 shares of the railroad operator’s stock after selling 3,560 shares during the quarter. Keybank National Association OH’s holdings in Union Pacific were worth $73,713,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in UNP. John Boyer Inc. purchased a new stake in shares of Union Pacific during the third quarter worth approximately $27,000. Wiser Advisor Group LLC acquired a new position in Union Pacific in the 2nd quarter valued at $30,000. Scarborough Advisors LLC purchased a new position in Union Pacific in the 1st quarter valued at $27,000. Kelly Lawrence W & Associates Inc. CA purchased a new position in Union Pacific in the 2nd quarter valued at $34,000. Finally, Clark Wealth Partners lifted its holdings in Union Pacific by 37.4% in the 3rd quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 37 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have issued reports on UNP. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. Evercore dropped their target price on shares of Union Pacific from $329.00 to $322.00 and set an “outperform” rating for the company in a report on Wednesday, October 28th. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $322.00 to $321.00 and set a “neutral” rating for the company in a research report on Friday, October 23rd. Royal Bank Of Canada set a $328.00 price target on shares of Union Pacific in a research note on Friday, October 23rd. Finally, Bank of America raised their price target on shares of Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $325.09.

Union Pacific Price Performance

Shares of UNP stock opened at $300.84 on Wednesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.16 and a quick ratio of 0.99. The company has a market capitalization of $178.77 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of 2.74 and a beta of 0.84. The firm’s 50-day moving average is $286.49 and its two-hundred day moving average is $272.59. Union Pacific Corporation has a 12 month low of $219.89 and a 12 month high of $315.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.06. The business had revenue of $7.20 billion during the quarter, compared to the consensus estimate of $7.16 billion. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The business’s revenue was up 15.3% compared to the same quarter last year. During the same quarter last year, the firm earned $3.08 EPS. Analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current year.

Union Pacific Profile

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada. The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.