Union Pacific Co. (NYSE:UNP) Position Boosted by Global Retirement Partners LLC

Global Retirement Partners LLC boosted its holdings in Union Pacific Co. (NYSE:UNP) by 1.6% during the 3rd quarter, Holdings Channel reports. The fund owned 22,646 shares of the railroad operator’s stock after acquiring an additional 367 shares during the quarter. Global Retirement Partners LLC’s holdings in Union Pacific were worth $5,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Forum Financial Management LP increased its holdings in Union Pacific by 0.6% during the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after purchasing an additional 41 shares in the last quarter. Fairhaven Wealth Management LLC raised its holdings in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares during the last quarter. Chesapeake Wealth Management lifted its position in Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after buying an additional 43 shares in the last quarter. Elevated Capital Advisors LLC grew its holdings in Union Pacific by 3.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock worth $312,000 after acquiring an additional 44 shares during the last quarter. Finally, Fortis Capital Advisors LLC increased its position in Union Pacific by 5.0% in the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after acquiring an additional 44 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.26% of the stock is owned by insiders.

Union Pacific Stock Performance

UNP traded down $6.65 during trading on Thursday, hitting $241.45. The stock had a trading volume of 763,990 shares, compared to its average volume of 2,260,154. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The company has a 50 day moving average price of $246.25 and a 200-day moving average price of $238.61. Union Pacific Co. has a one year low of $199.97 and a one year high of $258.66. The firm has a market cap of $147.09 billion, a price-to-earnings ratio of 23.30, a P/E/G ratio of 2.27 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the previous year, the business earned $2.57 earnings per share. As a group, research analysts predict that Union Pacific Co. will post 11.07 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Benchmark reissued a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Monday, July 29th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. TD Cowen reduced their target price on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Finally, Citigroup assumed coverage on shares of Union Pacific in a report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price objective on the stock. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $259.25.

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.