Peterson Financial Group Inc. Invests $32,000 in Union Pacific Co. (NYSE:UNP)

Peterson Financial Group Inc. bought a new position in shares of Union Pacific Co. (NYSE:UNP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 130 shares of the railroad operator’s stock, valued at approximately $32,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific during the 2nd quarter valued at approximately $28,000. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the second quarter worth $27,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the third quarter valued at $30,000. Jamison Private Wealth Management Inc. grew its stake in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC bought a new stake in Union Pacific in the 2nd quarter valued at $31,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on UNP shares. Bank of America cut their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. JPMorgan Chase & Co. cut their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Robert W. Baird decreased their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Wells Fargo & Company reduced their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Price Performance

Shares of UNP stock opened at $235.57 on Friday. The stock has a 50 day moving average price of $241.86 and a 200 day moving average price of $238.59. Union Pacific Co. has a 52-week low of $216.79 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.51 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current 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.