Yukon Wealth Management Inc. increased its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,679 shares of the railroad operator’s stock after purchasing an additional 79 shares during the quarter. Union Pacific makes up approximately 1.1% of Yukon Wealth Management Inc.’s portfolio, making the stock its 20th biggest position. Yukon Wealth Management Inc.’s holdings in Union Pacific were worth $3,147,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC lifted its stake in Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after purchasing an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in Union Pacific in the first quarter valued at approximately $32,000. WPG Advisers LLC purchased a new stake in Union Pacific in the first quarter valued at approximately $33,000. Cornerstone Planning Group LLC lifted its stake in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after buying an additional 56 shares during the last quarter. Finally, GFG Capital LLC purchased a new stake in Union Pacific in the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Analyst Ratings Changes
UNP has been the subject of a number of research reports. Sanford C. Bernstein boosted their price objective on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Citigroup boosted their price objective on Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley reduced their price objective on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research note on Friday. Finally, Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.
Union Pacific Trading Down 1.6%
NYSE:UNP opened at $216.56 on Monday. The firm has a market cap of $128.44 billion, a P/E ratio of 18.40, a PEG ratio of 2.27 and a beta of 1.07. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The stock’s 50 day simple moving average is $224.95 and its 200-day simple moving average is $224.40. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.75 earnings per share. Equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific 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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