Union Pacific Co. (NYSE:UNP) Stake Raised by Keyes Stange & Wooten Wealth Management LLC

Keyes Stange & Wooten Wealth Management LLC grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,022 shares of the railroad operator’s stock after purchasing an additional 146 shares during the period. Keyes Stange & Wooten Wealth Management LLC’s holdings in Union Pacific were worth $745,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Shellback Capital LP increased its holdings in shares of Union Pacific by 28.2% in the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after buying an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new stake in shares of Union Pacific during the third quarter worth $834,000. Maj Invest Holding A S lifted its holdings in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after purchasing an additional 2,202 shares during the last quarter. Radnor Capital Management LLC purchased a new stake in shares of Union Pacific during the third quarter valued at $2,923,000. Finally, Kestra Advisory Services LLC increased its stake in Union Pacific by 13.6% in the 1st quarter. Kestra Advisory Services LLC now owns 90,758 shares of the railroad operator’s stock worth $22,320,000 after purchasing an additional 10,876 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Up 1.4 %

Shares of NYSE:UNP opened at $242.39 on Friday. The company has a 50-day simple moving average of $240.53 and a 200 day simple moving average of $238.54. The company has a market capitalization of $146.95 billion, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the company earned $2.51 earnings per share. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. Sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays upped their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Benchmark restated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Finally, Sanford C. Bernstein lowered their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

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.