Reliant Investment Management LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 26,793 shares of the railroad operator’s stock, valued at approximately $2,918,000. Union Pacific Corporation accounts for 2.3% of Reliant Investment Management LLC’s holdings, making the stock its 27th largest position.

A number of other institutional investors also recently bought and sold shares of the business. Argent Trust Co lifted its holdings in Union Pacific Corporation by 0.7% during the second quarter. Argent Trust Co now owns 11,544 shares of the railroad operator’s stock worth $1,258,000 after buying an additional 77 shares during the period. WMS Partners LLC lifted its holdings in Union Pacific Corporation by 4.4% during the second quarter. WMS Partners LLC now owns 7,074 shares of the railroad operator’s stock worth $770,000 after buying an additional 300 shares during the period. Manchester Capital Management LLC lifted its holdings in Union Pacific Corporation by 3.0% during the second quarter. Manchester Capital Management LLC now owns 9,186 shares of the railroad operator’s stock worth $1,000,000 after buying an additional 270 shares during the period. Ffcm LLC lifted its holdings in Union Pacific Corporation by 8.0% during the second quarter. Ffcm LLC now owns 33,950 shares of the railroad operator’s stock worth $3,697,000 after buying an additional 2,501 shares during the period. Finally, Calamos Advisors LLC lifted its holdings in Union Pacific Corporation by 0.3% during the second quarter. Calamos Advisors LLC now owns 407,534 shares of the railroad operator’s stock worth $44,385,000 after buying an additional 1,084 shares during the period. Institutional investors own 79.66% of the company’s stock.

UNP has been the subject of a number of analyst reports. Zacks Investment Research lowered Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Aegis lowered Union Pacific Corporation from a “buy” rating to a “hold” rating and increased their price objective for the company from $120.00 to $122.00 in a report on Tuesday, October 10th. Off Wall Street started coverage on Union Pacific Corporation in a report on Tuesday, October 17th. They set a “sell” rating for the company. BMO Capital Markets increased their price objective on Union Pacific Corporation from $123.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Finally, Loop Capital increased their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a report on Monday, October 30th. Four analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $117.59.

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Shares of Union Pacific Corporation (NYSE UNP) opened at $116.23 on Wednesday. The firm has a market capitalization of $91,862.59, a PE ratio of 20.62, a price-to-earnings-growth ratio of 1.89 and a beta of 0.87. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. Union Pacific Corporation has a 12-month low of $97.48 and a 12-month high of $119.71.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the firm earned $1.36 EPS. equities analysts anticipate that Union Pacific Corporation will post 5.78 earnings per share for the current fiscal year.

About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific Corporation (NYSE:UNP)

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