Union Pacific Co. (NYSE:UNP) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in Union Pacific Co. (NYSE:UNP) by 5.7% in the third quarter, HoldingsChannel.com reports. The firm owned 35,978 shares of the railroad operator’s stock after acquiring an additional 1,933 shares during the period. Empowered Funds LLC’s holdings in Union Pacific were worth $8,868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in UNP. Fairhaven Wealth Management LLC grew its position in shares of Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares during the last quarter. Chesapeake Wealth Management lifted its holdings in shares of Union Pacific by 0.5% in the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after purchasing an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its holdings in shares of Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after purchasing an additional 44 shares during the last quarter. Beaumont Financial Advisors LLC grew its stake in Union Pacific by 1.0% during the 1st quarter. Beaumont Financial Advisors LLC now owns 4,595 shares of the railroad operator’s stock worth $1,130,000 after buying an additional 45 shares during the last quarter. Finally, Montecito Bank & Trust grew its stake in Union Pacific by 0.4% during the 2nd quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock worth $2,691,000 after buying an additional 45 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. TD Cowen reduced their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. BMO Capital Markets decreased their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Raymond James lifted their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Finally, Stifel Nicolaus cut their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $235.57 on Friday. Union Pacific Co. has a 12 month low of $216.79 and a 12 month high of $258.66. The stock has a market cap of $142.82 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The business has a fifty day simple moving average of $241.86 and a 200-day simple moving average of $238.58.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the company earned $2.51 EPS. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Co. will post 10.94 EPS 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.