Union Pacific Corporation $UNP Shares Sold by RWA Wealth Partners LLC

RWA Wealth Partners LLC trimmed its holdings in Union Pacific Corporation (NYSE:UNP) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,059 shares of the railroad operator’s stock after selling 1,070 shares during the quarter. RWA Wealth Partners LLC’s holdings in Union Pacific were worth $26,243,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. CBIZ Investment Advisory Services LLC grew its position in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Union Pacific in the 1st quarter worth $32,000. Access Investment Management LLC acquired a new stake in shares of Union Pacific during the second quarter worth $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific during the first quarter valued at $33,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 1.7%

Union Pacific stock opened at $221.65 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The firm’s fifty day simple moving average is $224.06 and its 200-day simple moving average is $224.32. The company has a market capitalization of $131.47 billion, a P/E ratio of 18.83, a P/E/G ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The business’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $2.75 earnings per share. Sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Cowen restated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Evercore ISI reduced 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. Loop Capital raised 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 note on Tuesday, September 16th. 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, October 23rd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. One research 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.