Paragon Capital Management LLC acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) in the second quarter, Holdings Channel.com reports. The firm acquired 1,597 shares of the railroad operator’s stock, valued at approximately $367,000.
A number of other institutional investors have also added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC lifted its position in shares of 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 worth $28,000 after acquiring an additional 112 shares during the period. Access Investment Management LLC bought a new stake in shares of Union Pacific during the second quarter valued at approximately $32,000. WPG Advisers LLC acquired a new position in shares of Union Pacific in the first quarter valued at $33,000. GFG Capital LLC bought a new position in Union Pacific in the second quarter worth $38,000. Finally, IMA Advisory Services Inc. acquired a new stake in Union Pacific during the first quarter worth $43,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Stock Performance
NYSE UNP opened at $222.87 on Friday. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a 50 day moving average of $224.18 and a 200-day moving average of $224.59. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The firm has a market cap of $132.19 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 2.27 and a beta of 1.04.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the stock. Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Evercore ISI dropped their price target on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research report on Friday, July 25th. JPMorgan Chase & Co. lifted their price objective on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and upped their price objective for the company from $214.00 to $227.00 in a research note on Tuesday, September 16th. Finally, The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. One 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 company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $261.63.
Read Our Latest Stock Analysis on UNP
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.
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