58,978 Shares of Union Pacific Corporation $UNP Acquired by First Nebraska Trust Co

First Nebraska Trust Co purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the third quarter, Holdings Channel.com reports. The fund purchased 58,978 shares of the railroad operator’s stock, valued at approximately $16,050,000. Union Pacific accounts for approximately 1.3% of First Nebraska Trust Co’s portfolio, making the stock its 19th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Eastern Bank lifted its holdings in Union Pacific by 2.6% during the third quarter. Eastern Bank now owns 214,567 shares of the railroad operator’s stock worth $58,390,000 after acquiring an additional 5,380 shares during the period. BNP Paribas boosted its position in Union Pacific by 21.5% in the second quarter. BNP Paribas now owns 60,465 shares of the railroad operator’s stock worth $16,454,000 after purchasing an additional 10,706 shares during the last quarter. QRG Capital Management Inc. boosted its position in Union Pacific by 9.4% in the second quarter. QRG Capital Management Inc. now owns 102,949 shares of the railroad operator’s stock worth $28,002,000 after purchasing an additional 8,842 shares during the last quarter. KBC Group NV grew its stake in Union Pacific by 17.7% in the 2nd quarter. KBC Group NV now owns 108,489 shares of the railroad operator’s stock valued at $29,509,000 after purchasing an additional 16,295 shares during the period. Finally, Axiom Investment Management LLC bought a new position in Union Pacific in the 1st quarter valued at $9,151,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Union Pacific stock opened at $303.62 on Wednesday. Union Pacific Corporation has a 12 month low of $216.32 and a 12 month high of $315.99. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32. The business’s 50 day simple moving average is $287.36 and its 200 day simple moving average is $270.83. The company has a market cap of $180.43 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 3.03 and a beta of 0.84.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.06. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The business had revenue of $7.20 billion during the quarter, compared to the consensus estimate of $7.16 billion. During the same period last year, the business posted $3.08 earnings per share. The business’s revenue for the quarter was up 15.3% on a year-over-year basis. Sell-side analysts forecast that Union Pacific Corporation will post 13.13 EPS for the current year.

Analyst Upgrades and Downgrades

UNP has been the subject of several research analyst reports. Citizens Jmp assumed coverage on Union Pacific in a research report on Wednesday, July 15th. They set an “outperform” rating and a $350.00 target price for the company. Stephens upgraded Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. UBS Group reissued a “buy” rating on shares of Union Pacific in a report on Friday, October 23rd. Royal Bank Of Canada set a $328.00 price target on shares of Union Pacific in a research report on Friday, October 23rd. Finally, The Goldman Sachs Group set a $317.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.44.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.