Westfield Capital Management Co. LP increased its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 33.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 569,862 shares of the railroad operator’s stock after purchasing an additional 142,590 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Union Pacific were worth $140,460,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in UNP. Cultivar Capital Inc. acquired a new stake in Union Pacific in the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. lifted its stake in Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific in the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new stake in Union Pacific in the second quarter valued at approximately $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
UNP has been the subject of a number of analyst reports. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. Raymond James boosted their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. reduced their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Barclays boosted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Finally, Susquehanna reduced their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Nine equities research 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.80.
Union Pacific Trading Up 1.4 %
Shares of Union Pacific stock opened at $242.39 on Friday. The firm has a market capitalization of $146.95 billion, a PE 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 current ratio of 0.77 and a quick ratio of 0.63. The company’s fifty day moving average price is $240.53 and its two-hundred day moving average price is $238.51. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $2.51 EPS. On average, analysts expect that Union Pacific Co. will post 10.94 EPS for the current 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.
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