Accredited Investors Inc. Purchases Shares of 843 Union Pacific Co. (NYSE:UNP)

Accredited Investors Inc. bought a new position in Union Pacific Co. (NYSE:UNP) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 843 shares of the railroad operator’s stock, valued at approximately $208,000.

A number of other institutional investors have also modified their holdings of the company. Fairhaven Wealth Management LLC lifted its holdings in shares of Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after acquiring an additional 43 shares in the last quarter. Chesapeake Wealth Management lifted its stake in shares of Union Pacific by 0.5% during the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after purchasing an additional 43 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its position in shares of Union Pacific by 0.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after buying an additional 44 shares during the period. Montecito Bank & Trust grew its stake in shares of Union Pacific by 0.4% in the second quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock valued at $2,691,000 after buying an additional 45 shares in the last quarter. Finally, Traveka Wealth LLC raised its holdings in shares of Union Pacific by 3.4% during the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock valued at $335,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on UNP. Robert W. Baird dropped their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Royal Bank of Canada dropped their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Raymond James upped their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. TD Cowen dropped their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Stock Down 0.0 %

UNP stock opened at $235.57 on Monday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm’s 50-day simple moving average is $241.86 and its 200 day simple moving average is $238.62. The stock has a market cap of $142.82 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a fifty-two week low of $216.79 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the firm posted $2.51 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, sell-side analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

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.