Borer Denton & Associates Inc. boosted its position in Union Pacific Co. (NYSE:UNP – Free Report) by 0.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,169 shares of the railroad operator’s stock after buying an additional 50 shares during the quarter. Union Pacific makes up approximately 3.5% of Borer Denton & Associates Inc.’s portfolio, making the stock its 12th biggest position. Borer Denton & Associates Inc.’s holdings in Union Pacific were worth $10,147,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the 2nd quarter valued at $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific during the second quarter valued at about $28,000. Financial Gravity Asset Management Inc. increased its holdings in shares of Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific in the 3rd quarter valued at about $30,000. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific during the 2nd quarter valued at about $31,000. 80.38% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the company. Stifel Nicolaus decreased their price target 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. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. BMO Capital Markets cut their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Raymond James upped their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Finally, Barclays raised their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Nine 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $259.80.
Union Pacific Stock Up 1.4 %
NYSE:UNP opened at $242.39 on Friday. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The company has a market capitalization of $146.95 billion, a PE ratio of 22.26, a P/E/G ratio of 2.37 and a beta of 1.06. The firm’s 50-day moving average price is $240.53 and its 200-day moving average price is $238.51. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.
Union Pacific (NYSE:UNP – Get Free Report) last announced 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 for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the business posted $2.51 EPS. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, equities analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.
Union Pacific 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.
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