Impax Asset Management Group plc Has $139.47 Million Stake in Union Pacific Corporation $UNP

Impax Asset Management Group plc lowered its holdings in Union Pacific Corporation (NYSE:UNP) by 7.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 606,159 shares of the railroad operator’s stock after selling 49,155 shares during the period. Impax Asset Management Group plc owned approximately 0.10% of Union Pacific worth $139,465,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC raised its holdings in Union Pacific by 1,400.0% in 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 in the last quarter. Access Investment Management LLC acquired a new position in Union Pacific in the second quarter valued at about $32,000. WPG Advisers LLC bought a new stake in Union Pacific during the first quarter worth about $33,000. GFG Capital LLC acquired a new stake in Union Pacific during the second quarter worth about $38,000. Finally, IMA Advisory Services Inc. acquired a new stake in Union Pacific during the first quarter worth about $43,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Down 0.5%

Shares of NYSE:UNP opened at $223.68 on Thursday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a market capitalization of $132.68 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The company has a fifty day moving average of $224.17 and a 200-day moving average of $224.54.

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

Analysts Set New Price Targets

Several brokerages have recently commented on UNP. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their target price for the company from $214.00 to $227.00 in a research report on Tuesday, September 16th. Citigroup boosted their price objective on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Evercore ISI cut their target price on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research note on Friday, July 25th. Wells Fargo & Company raised their target price on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, Susquehanna reiterated a “positive” rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.