Union Pacific Corporation $UNP Stock Bought by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators grew its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 9.5% in the 3rd quarter, Holdings Channel reports. The fund owned 78,052 shares of the railroad operator’s stock after acquiring an additional 6,791 shares during the period. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Union Pacific were worth $21,240,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp boosted its holdings in Union Pacific by 4.9% in the second quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock valued at $7,586,243,000 after purchasing an additional 1,302,732 shares during the last quarter. Bank of America Corp DE grew its stake in Union Pacific by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock valued at $3,951,497,000 after purchasing an additional 64,492 shares in the last quarter. Legal & General Group Plc purchased a new stake in Union Pacific during the 2nd quarter worth approximately $1,193,135,000. Royal Bank of Canada increased its holdings in Union Pacific by 0.5% during the 1st quarter. Royal Bank of Canada now owns 4,617,313 shares of the railroad operator’s stock worth $1,120,251,000 after purchasing an additional 23,698 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Union Pacific in the 2nd quarter valued at approximately $1,094,677,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

UNP stock opened at $304.29 on Friday. The stock’s 50 day simple moving average is $286.99 and its 200 day simple moving average is $273.31. Union Pacific Corporation has a 12-month low of $219.89 and a 12-month high of $315.99. The firm has a market cap of $180.83 billion, a P/E ratio of 23.72, a P/E/G ratio of 2.78 and a beta of 0.84. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on UNP shares. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. Raymond James Financial reissued a “strong-buy” rating and set a $285.00 price target (up from $275.00) on shares of Union Pacific in a research report on Friday, October 23rd. The Goldman Sachs Group set a $317.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Royal Bank Of Canada set a $328.00 price target on shares of Union Pacific in a report on Friday, October 23rd. Finally, TD Cowen reiterated a “buy” rating and set a $328.00 price objective (up from $325.00) on shares of Union Pacific in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $325.09.

About Union Pacific

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.