HORAN Wealth LLC Takes Position in Union Pacific Corporation $UNP

HORAN Wealth LLC bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,098 shares of the railroad operator’s stock, valued at approximately $253,000.

Other large investors have also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC boosted its stake in shares of Union Pacific by 1,400.0% during 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. bought a new stake in Union Pacific during the first quarter worth about $32,000. Access Investment Management LLC bought a new stake in Union Pacific during the second quarter worth about $32,000. WPG Advisers LLC bought a new stake in Union Pacific during the first quarter worth about $33,000. Finally, GFG Capital LLC bought a new stake in Union Pacific during the second quarter worth about $38,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 1.6%

Shares of NYSE UNP opened at $217.47 on Thursday. The firm’s 50 day moving average price is $224.18 and its 200-day moving average price is $224.32. The company has a market cap of $128.99 billion, a PE ratio of 18.48, a P/E/G ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (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 firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter in the prior year, the firm posted $2.75 earnings per share. The business’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Sanford C. Bernstein boosted their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Susquehanna reissued a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Cowen reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Wells Fargo & Company upped their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and upped their target price for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. 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 company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

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.