Union Pacific Corporation $UNP Shares Acquired by Peterson Wealth Services

Peterson Wealth Services grew its stake in Union Pacific Corporation (NYSE:UNP) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,821 shares of the railroad operator’s stock after purchasing an additional 444 shares during the period. Union Pacific makes up approximately 1.2% of Peterson Wealth Services’ portfolio, making the stock its 23rd biggest holding. Peterson Wealth Services’ holdings in Union Pacific were worth $4,330,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of UNP. Sage Mountain Advisors LLC increased its stake in Union Pacific by 2.7% in the 2nd quarter. Sage Mountain Advisors LLC now owns 4,437 shares of the railroad operator’s stock valued at $1,021,000 after buying an additional 115 shares during the period. Washington Trust Advisors Inc. increased its stake in shares of Union Pacific by 1.3% during the second quarter. Washington Trust Advisors Inc. now owns 4,767 shares of the railroad operator’s stock worth $1,097,000 after acquiring an additional 59 shares during the period. AlphaQuest LLC raised its holdings in Union Pacific by 1,344.0% during the second quarter. AlphaQuest LLC now owns 9,328 shares of the railroad operator’s stock worth $2,146,000 after purchasing an additional 8,682 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Union Pacific by 2.2% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,430,775 shares of the railroad operator’s stock valued at $329,193,000 after purchasing an additional 30,539 shares in the last quarter. Finally, West Michigan Advisors LLC raised its stake in shares of Union Pacific by 0.9% during the 2nd quarter. West Michigan Advisors LLC now owns 10,055 shares of the railroad operator’s stock worth $2,313,000 after buying an additional 85 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Union Pacific stock opened at $216.56 on Friday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.53 and a current ratio of 0.75. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The stock has a fifty day moving average of $224.95 and a two-hundred day moving average of $224.28. The company has a market capitalization of $128.44 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.29 and a beta of 1.07.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter in the previous year, the company posted $2.75 EPS. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on UNP. Robert W. Baird started coverage on Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective for the company. Evercore ISI decreased their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a report on Friday, July 25th. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and increased their target price for the company from $250.00 to $285.00 in a report on Friday, July 25th. Cowen reissued a “buy” rating on shares of Union Pacific in a research note on Friday. Finally, Baird R W upgraded Union Pacific to a “hold” rating in a report on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

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.