Invesco LLC Has $305,000 Stock Position in Union Pacific Co. (NYSE:UNP)

Invesco LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,239 shares of the railroad operator’s stock after acquiring an additional 52 shares during the quarter. Invesco LLC’s holdings in Union Pacific were worth $305,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UNP. Marshall Wace LLP grew its position in Union Pacific by 272.3% in the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares in the last quarter. Capital World Investors grew its stake in shares of Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after acquiring an additional 1,073,625 shares during the period. International Assets Investment Management LLC increased its stake in shares of Union Pacific by 19,878.6% in the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after purchasing an additional 891,555 shares in the last quarter. Capital Research Global Investors raised its holdings in Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after acquiring an additional 518,985 shares during the period. Finally, Bridges Investment Management Inc. lifted its holdings in Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock worth $159,461,000 after purchasing an additional 458,664 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of several recent analyst reports. Bank of America reduced their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Sanford C. Bernstein cut their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, BMO Capital Markets dropped their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Price Performance

UNP traded up $0.62 during trading on Friday, hitting $232.69. The company’s stock had a trading volume of 2,653,306 shares, compared to its average volume of 2,342,995. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $141.07 billion, a price-to-earnings ratio of 21.37, a P/E/G ratio of 2.29 and a beta of 1.06. The business’s fifty day simple moving average is $244.66 and its 200 day simple moving average is $238.33. Union Pacific Co. has a twelve month low of $207.74 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the firm earned $2.51 earnings per share. The business’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific Co. will post 10.97 EPS 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.