Strategy Asset Managers LLC Acquires 201 Shares of Union Pacific Co. (NYSE:UNP)

Strategy Asset Managers LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 14.7% in the third quarter, Holdings Channel reports. The firm owned 1,565 shares of the railroad operator’s stock after purchasing an additional 201 shares during the period. Strategy Asset Managers LLC’s holdings in Union Pacific were worth $386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in UNP. Edgestream Partners L.P. bought a new stake in Union Pacific in the first quarter worth about $217,000. EntryPoint Capital LLC purchased a new position in Union Pacific in the first quarter valued at approximately $97,000. Axxcess Wealth Management LLC grew its holdings in Union Pacific by 4.5% during the first quarter. Axxcess Wealth Management LLC now owns 16,816 shares of the railroad operator’s stock valued at $4,135,000 after purchasing an additional 718 shares during the period. Advisors Asset Management Inc. increased its position in Union Pacific by 19.4% in the first quarter. Advisors Asset Management Inc. now owns 36,842 shares of the railroad operator’s stock worth $9,061,000 after buying an additional 5,981 shares during the last quarter. Finally, Capital Group Private Client Services Inc. raised its stake in shares of Union Pacific by 7.2% in the first quarter. Capital Group Private Client Services Inc. now owns 45,423 shares of the railroad operator’s stock valued at $11,171,000 after buying an additional 3,047 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.1 %

Shares of UNP stock opened at $233.56 on Thursday. 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 has a market cap of $141.60 billion, a P/E ratio of 21.45, a price-to-earnings-growth ratio of 2.31 and a beta of 1.06. The business has a 50-day moving average price of $240.86 and a two-hundred day moving average price of $238.51. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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). The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the company posted $2.51 EPS. Equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UNP. Citigroup increased their price target on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. TD Cowen lowered their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus dropped their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Bank of America lowered their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

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.