Syverson Strege & Co Acquires Shares of 878 Union Pacific Corporation $UNP

Syverson Strege & Co acquired a new stake in Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 878 shares of the railroad operator’s stock, valued at approximately $202,000.

A number of other hedge funds have also recently modified their holdings of UNP. CBIZ Investment Advisory Services LLC increased its position in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Financial Gravity Asset Management Inc. purchased a new position in shares of Union Pacific in the first quarter valued at about $32,000. WPG Advisers LLC purchased a new position in shares of Union Pacific in the first quarter valued at about $33,000. Cornerstone Planning Group LLC increased its position in shares of 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 acquiring an additional 56 shares during the period. Finally, GFG Capital LLC purchased a new position in shares of Union Pacific in the second quarter valued at about $38,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.9%

NYSE:UNP opened at $220.80 on Friday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The company’s 50-day simple moving average is $224.37 and its 200 day simple moving average is $224.32. The firm has a market capitalization of $130.97 billion, a P/E ratio of 18.76, a PEG ratio of 2.27 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping 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 business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. During the same quarter in the previous year, the firm posted $2.75 earnings per share. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of research reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. TD Cowen cut their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and lifted their target price for the company from $214.00 to $227.00 in a research note on Tuesday, September 16th. Finally, Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, Union Pacific currently has an average 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.