Union Pacific Corporation $UNP Stock Position Boosted by Horrell Capital Management Inc.

Horrell Capital Management Inc. boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 2.2% during the second quarter, Holdings Channel reports. The institutional investor owned 79,041 shares of the railroad operator’s stock after buying an additional 1,719 shares during the period. Union Pacific makes up 7.4% of Horrell Capital Management Inc.’s portfolio, making the stock its 2nd biggest holding. Horrell Capital Management Inc.’s holdings in Union Pacific were worth $18,186,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bleakley Financial Group LLC grew its stake in shares of Union Pacific by 3.9% during the 1st quarter. Bleakley Financial Group LLC now owns 16,714 shares of the railroad operator’s stock valued at $3,949,000 after buying an additional 628 shares during the period. Florida Financial Advisors LLC lifted its stake in shares of Union Pacific by 10.4% in the 1st quarter. Florida Financial Advisors LLC now owns 1,682 shares of the railroad operator’s stock valued at $397,000 after purchasing an additional 159 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in shares of Union Pacific during the 1st quarter worth about $319,000. Signaturefd LLC increased its position in Union Pacific by 3.5% during the 1st quarter. Signaturefd LLC now owns 13,367 shares of the railroad operator’s stock worth $3,158,000 after purchasing an additional 454 shares in the last quarter. Finally, Sigma Planning Corp increased its position in Union Pacific by 1.7% during the 1st quarter. Sigma Planning Corp now owns 5,469 shares of the railroad operator’s stock worth $1,292,000 after purchasing an additional 92 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on UNP. Sanford C. Bernstein increased their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Citigroup increased their price target on Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 24th. Cowen reissued a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. 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. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One equities 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 MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Stock Performance

NYSE:UNP opened at $224.72 on Wednesday. The firm has a 50-day moving average of $224.12 and a two-hundred day moving average of $224.54. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The stock has a market cap of $133.30 billion, a P/E ratio of 19.09, a PEG ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) 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 period in the previous year, the company earned $2.75 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share 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.