Austin Private Wealth LLC Buys 67 Shares of Union Pacific Co. (NYSE:UNP)

Austin Private Wealth LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 5.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,293 shares of the railroad operator’s stock after buying an additional 67 shares during the period. Austin Private Wealth LLC’s holdings in Union Pacific were worth $319,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Marshall Wace LLP boosted its stake in shares of Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after purchasing an additional 1,227,318 shares during the period. Capital World Investors boosted its position in Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after buying an additional 1,073,625 shares during the period. International Assets Investment Management LLC boosted its position in Union Pacific by 19,878.6% during the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after buying an additional 891,555 shares during the period. Impax Asset Management Group plc grew its holdings in Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after acquiring an additional 520,536 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after purchasing an additional 518,985 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of UNP stock traded up $2.77 on Tuesday, reaching $232.68. The stock had a trading volume of 175,753 shares, compared to its average volume of 2,285,516. The stock has a market cap of $141.06 billion, a P/E ratio of 21.11, a price-to-earnings-growth ratio of 2.30 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 1 year low of $208.14 and a 1 year high of $258.66. The company has a 50 day simple moving average of $244.29 and a 200 day simple moving average of $238.45.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.51 EPS. Equities research analysts expect that Union Pacific Co. will post 10.97 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UNP. TD Cowen decreased their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Stifel Nicolaus decreased their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Susquehanna lowered their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Benchmark reaffirmed a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus 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.