Castlekeep Investment Advisors LLC boosted its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 9.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,426 shares of the railroad operator’s stock after acquiring an additional 486 shares during the period. Castlekeep Investment Advisors LLC’s holdings in Union Pacific were worth $1,248,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in UNP. CBIZ Investment Advisory Services LLC boosted its holdings in Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in Union Pacific in the 1st quarter valued at approximately $32,000. WPG Advisers LLC purchased a new stake in Union Pacific in the 1st quarter valued at approximately $33,000. Cornerstone Planning Group LLC boosted its holdings in Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares in the last quarter. Finally, GFG Capital LLC purchased a new stake in Union Pacific in the 2nd quarter valued at approximately $38,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Price Performance
Shares of NYSE:UNP opened at $220.80 on Friday. The business’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 price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 2.27 and a beta of 1.07. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.
Analysts Set New Price Targets
A number of brokerages have weighed in on UNP. The Goldman Sachs Group set a $263.00 price objective on Union Pacific and gave the company a “neutral” rating in a report on Thursday, October 23rd. TD Cowen lowered their price objective on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. BMO Capital Markets lowered their price objective on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. Morgan Stanley decreased their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday, July 7th. Finally, UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $261.63.
View Our Latest Stock Report on UNP
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.
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