Union Pacific Corporation $UNP Shares Purchased by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 9.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,052 shares of the railroad operator’s stock after purchasing an additional 6,791 shares during the period. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Union Pacific were worth $21,240,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. State Street Corp boosted its holdings in Union Pacific by 4.9% in the second quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock valued at $7,586,243,000 after acquiring an additional 1,302,732 shares during the last quarter. Bank of America Corp DE increased its stake in Union Pacific by 0.4% during the second quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock worth $3,951,497,000 after acquiring an additional 64,492 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Union Pacific by 0.5% in the 1st quarter. Royal Bank of Canada now owns 4,617,313 shares of the railroad operator’s stock worth $1,120,251,000 after purchasing an additional 23,698 shares during the period. Legal & General Group Plc purchased a new position in shares of Union Pacific in the 2nd quarter worth about $1,193,135,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Union Pacific in the 2nd quarter worth about $1,094,677,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.7%

Shares of UNP opened at $304.29 on Friday. Union Pacific Corporation has a 12 month low of $219.89 and a 12 month high of $315.99. The stock’s 50-day moving average is $286.99 and its two-hundred day moving average is $273.31. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.16 and a quick ratio of 0.99. The stock has a market cap of $180.83 billion, a PE ratio of 23.72, a P/E/G ratio of 2.78 and a beta of 0.84.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on UNP shares. Rothschild & Co Redburn boosted their target price on Union Pacific from $313.00 to $323.00 and gave the stock a “buy” rating in a report on Tuesday, October 27th. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $322.00 to $321.00 and set a “neutral” rating on the stock in a report on Friday, October 23rd. Evercore reduced their price target on shares of Union Pacific from $329.00 to $322.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Stephens boosted their price objective on shares of Union Pacific from $340.00 to $352.00 and gave the stock an “overweight” rating in a research note on Thursday, October 22nd. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $320.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $325.09.

About Union Pacific

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.