Westwood Wealth Management Has $1.02 Million Stock Position in Union Pacific Corporation $UNP

Westwood Wealth Management cut its stake in Union Pacific Corporation (NYSE:UNP) by 11.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,435 shares of the railroad operator’s stock after selling 600 shares during the period. Union Pacific accounts for about 0.3% of Westwood Wealth Management’s investment portfolio, making the stock its 29th biggest position. Westwood Wealth Management’s holdings in Union Pacific were worth $1,020,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. CBIZ Investment Advisory Services LLC increased its holdings 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 purchasing an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new position in Union Pacific in the 1st quarter valued at $32,000. WPG Advisers LLC bought a new position in Union Pacific in the 1st quarter valued at $33,000. Cornerstone Planning Group LLC boosted its position 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 buying an additional 56 shares during the last quarter. Finally, GFG Capital LLC acquired a new position in shares of Union Pacific during the second quarter valued at $38,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 0.9%

Union Pacific stock opened at $220.80 on Friday. The company’s 50 day simple moving average is $224.37 and its 200 day simple moving average is $224.32. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The firm has a market capitalization of $130.97 billion, a price-to-earnings ratio of 18.76, a PEG 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 (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $2.75 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on UNP shares. Royal Bank Of Canada upped their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Susquehanna reiterated a “positive” rating and set a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Finally, Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus 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.