Fiduciary Family Office LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 88.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,165 shares of the railroad operator’s stock after purchasing an additional 1,958 shares during the quarter. Fiduciary Family Office LLC’s holdings in Union Pacific were worth $1,027,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norden Group LLC purchased a new position in Union Pacific during the first quarter worth $358,000. Nordea Investment Management AB raised its stake in shares of Union Pacific by 3.7% during the 1st quarter. Nordea Investment Management AB now owns 91,188 shares of the railroad operator’s stock worth $22,412,000 after buying an additional 3,283 shares during the period. FORA Capital LLC acquired a new position in Union Pacific in the 1st quarter valued at $819,000. United Community Bank grew its holdings in shares of Union Pacific by 28.7% during the 1st quarter. United Community Bank now owns 803 shares of the railroad operator’s stock worth $197,000 after purchasing an additional 179 shares during the period. Finally, Callan Capital LLC grew its holdings in shares of Union Pacific by 12.3% during the 1st quarter. Callan Capital LLC now owns 1,292 shares of the railroad operator’s stock worth $318,000 after purchasing an additional 141 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Up 1.3 %
Shares of Union Pacific stock traded up $3.06 during trading on Tuesday, hitting $232.97. The company’s stock had a trading volume of 245,609 shares, compared to its average volume of 2,285,842. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a fifty day simple moving average of $244.29 and a two-hundred day simple moving average of $238.45. Union Pacific Co. has a 52 week low of $208.14 and a 52 week high of $258.66. The company has a market capitalization of $141.24 billion, a PE ratio of 21.11, a P/E/G ratio of 2.30 and a beta of 1.06.
Wall Street Analysts Forecast Growth
UNP has been the topic of several research analyst reports. TD Cowen cut their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Bank of America cut their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Barclays lowered their price target on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and dropped their price target for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $259.15.
Get Our Latest Stock Report on UNP
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.
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