New Hampshire Trust grew its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 0.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,842 shares of the railroad operator’s stock after acquiring an additional 123 shares during the period. Union Pacific accounts for approximately 0.9% of New Hampshire Trust’s investment portfolio, making the stock its 29th biggest holding. New Hampshire Trust’s holdings in Union Pacific were worth $4,335,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Mcdonald Capital Investors Inc. CA boosted its holdings in shares of Union Pacific by 39.9% during the 2nd quarter. Mcdonald Capital Investors Inc. CA now owns 246,004 shares of the railroad operator’s stock worth $56,601,000 after buying an additional 70,185 shares in the last quarter. Interchange Capital Partners LLC grew its position in shares of Union Pacific by 4.7% during the 2nd quarter. Interchange Capital Partners LLC now owns 1,168 shares of the railroad operator’s stock worth $269,000 after buying an additional 52 shares during the period. Brighton Jones LLC grew its position in shares of Union Pacific by 2.0% during the 2nd quarter. Brighton Jones LLC now owns 9,470 shares of the railroad operator’s stock worth $2,179,000 after buying an additional 190 shares during the period. Kornitzer Capital Management Inc. KS grew its position in shares of Union Pacific by 9.4% during the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 32,144 shares of the railroad operator’s stock worth $7,396,000 after buying an additional 2,754 shares during the period. Finally, Leavell Investment Management Inc. grew its position in shares of Union Pacific by 3.2% during the 2nd quarter. Leavell Investment Management Inc. now owns 9,732 shares of the railroad operator’s stock worth $2,239,000 after buying an additional 302 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on UNP shares. Wells Fargo & Company upped their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Citigroup upped their price objective on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a report on Friday. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday. Finally, Royal Bank Of Canada upped their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.
Union Pacific Stock Performance
Shares of UNP stock opened at $216.56 on Friday. The firm has a 50-day moving average of $224.95 and a 200-day moving average of $224.39. The company has a market cap of $128.44 billion, a P/E ratio of 18.40, a P/E/G ratio of 2.25 and a beta of 1.07. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.53. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.75 earnings per share. Equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.
Union Pacific Company 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.
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