Elwood & Goetz Wealth Advisory Group LLC Buys New Stake in Union Pacific Co. (NYSE:UNP)

Elwood & Goetz Wealth Advisory Group LLC bought a new position in shares of Union Pacific Co. (NYSE:UNP) in the third quarter, HoldingsChannel.com reports. The firm bought 1,005 shares of the railroad operator’s stock, valued at approximately $248,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UNP. Wealthcare Advisory Partners LLC increased its position in Union Pacific by 55.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 3,366 shares of the railroad operator’s stock worth $828,000 after acquiring an additional 1,197 shares during the period. Chemung Canal Trust Co. increased its holdings in shares of Union Pacific by 32.7% during the 1st quarter. Chemung Canal Trust Co. now owns 35,110 shares of the railroad operator’s stock worth $8,635,000 after purchasing an additional 8,661 shares during the period. Vicus Capital raised its position in shares of Union Pacific by 175.5% during the first quarter. Vicus Capital now owns 2,466 shares of the railroad operator’s stock valued at $607,000 after buying an additional 1,571 shares during the last quarter. Symphony Financial Ltd. Co. raised its position in shares of Union Pacific by 4.6% during the first quarter. Symphony Financial Ltd. Co. now owns 1,581 shares of the railroad operator’s stock valued at $389,000 after buying an additional 69 shares during the last quarter. Finally, Founders Financial Securities LLC lifted its stake in shares of Union Pacific by 6.7% in the first quarter. Founders Financial Securities LLC now owns 8,306 shares of the railroad operator’s stock valued at $2,043,000 after buying an additional 520 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.2 %

UNP opened at $230.30 on Friday. Union Pacific Co. has a 1-year low of $199.97 and a 1-year high of $258.66. The stock has a market capitalization of $140.30 billion, a PE ratio of 21.62, a PEG ratio of 2.23 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The firm has a 50-day moving average price of $246.02 and a two-hundred day moving average price of $238.48.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the business earned $2.51 EPS. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on UNP shares. Bank of America cut their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Stifel Nicolaus reduced their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday. Barclays decreased their price target on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research note on Friday. Citigroup started coverage on shares of Union Pacific in a research note on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price objective for the company. Finally, Susquehanna decreased their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $259.15.

About Union Pacific

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.