Prospera Financial Services Inc Purchases 31,290 Shares of Union Pacific Corporation $UNP

Prospera Financial Services Inc lifted its holdings in Union Pacific Corporation (NYSE:UNP) by 96.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 63,851 shares of the railroad operator’s stock after buying an additional 31,290 shares during the period. Prospera Financial Services Inc’s holdings in Union Pacific were worth $14,695,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. CBIZ Investment Advisory Services LLC grew its position 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 acquiring an additional 112 shares during the period. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific in the first quarter valued at approximately $32,000. Access Investment Management LLC bought a new position in Union Pacific during the second quarter valued at $32,000. WPG Advisers LLC purchased a new stake in Union Pacific in the first quarter worth $33,000. Finally, Cornerstone Planning Group LLC raised its stake 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 buying an additional 56 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on UNP. BMO Capital Markets cut their price target on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research report on Thursday, October 23rd. UBS Group set a $253.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. Cowen reiterated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Finally, Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Stock Up 1.7%

UNP stock opened at $221.65 on Friday. The company’s 50 day moving average is $224.06 and its 200 day moving average is $224.32. The stock has a market cap of $131.47 billion, a price-to-earnings ratio of 18.83, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.75 EPS. Sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal 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.