Keybank National Association OH cut its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 270,874 shares of the railroad operator’s stock after selling 3,560 shares during the quarter. Keybank National Association OH’s holdings in Union Pacific were worth $73,713,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Narwhal Capital Management increased its holdings in Union Pacific by 6.0% in the third quarter. Narwhal Capital Management now owns 1,315 shares of the railroad operator’s stock valued at $358,000 after buying an additional 74 shares in the last quarter. Csenge Advisory Group raised its position in shares of Union Pacific by 3.0% in the third quarter. Csenge Advisory Group now owns 7,851 shares of the railroad operator’s stock worth $2,136,000 after acquiring an additional 227 shares during the period. D Orazio & Associates Inc. boosted its stake in shares of Union Pacific by 6.2% during the 3rd quarter. D Orazio & Associates Inc. now owns 1,562 shares of the railroad operator’s stock worth $425,000 after acquiring an additional 91 shares in the last quarter. 71 West Capital Partners boosted its stake in shares of Union Pacific by 2.7% during the 3rd quarter. 71 West Capital Partners now owns 5,224 shares of the railroad operator’s stock worth $1,422,000 after acquiring an additional 139 shares in the last quarter. Finally, Nemes Rush Group LLC boosted its stake in shares of Union Pacific by 0.3% during the 3rd quarter. Nemes Rush Group LLC now owns 45,792 shares of the railroad operator’s stock worth $12,461,000 after acquiring an additional 120 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on UNP shares. Evercore dropped their target price on Union Pacific from $329.00 to $322.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. The Goldman Sachs Group set a $317.00 price target on Union Pacific and gave the company a “neutral” rating in a research note on Thursday, July 23rd. Rothschild & Co Redburn upped their price target on Union Pacific from $313.00 to $323.00 and gave the stock a “buy” rating in a report on Tuesday, October 27th. Bank of America increased their price target on Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Robert W. Baird set a $310.00 price target on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, November 5th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $325.09.
View Our Latest Report on Union Pacific
Union Pacific Price Performance
Shares of NYSE UNP opened at $300.84 on Wednesday. The firm has a market cap of $178.77 billion, a PE ratio of 23.45, a PEG ratio of 2.74 and a beta of 0.84. The firm has a fifty day moving average of $286.49 and a 200 day moving average of $272.59. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 1.16. Union Pacific Corporation has a one year low of $219.89 and a one year high of $315.99.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, topping analysts’ consensus estimates of $3.47 by $0.06. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The company had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.16 billion. During the same period in the prior year, the business posted $3.08 earnings per share. The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. As a group, research analysts predict that Union Pacific Corporation will post 13.13 EPS for the current fiscal year.
Union Pacific Profile
Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada. The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.
Recommended Stories
- Five stocks we like better than Union Pacific
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
