3,826 Union Pacific Corporation $UNP Shares Acquired by Vise Technologies Inc.

Key Points

• Vise Technologies increased its Union Pacific stake by 13% in the third quarter, acquiring 3,826 shares and bringing its holdings to 33,246 shares worth approximately $9.05 million.
• Institutional ownership remains substantial, with hedge funds and other institutional investors holding 80.38% of Union Pacific’s stock. Several institutions increased their positions during the quarter, including Summit Global Investments and the State of Wyoming.
• Union Pacific reported quarterly revenue of $7.20 billion and earnings per share of $3.53, exceeding analyst expectations, while revenue rose 15.3% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $326.44.

Vise Technologies Inc. raised its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 13.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,246 shares of the railroad operator's stock after purchasing an additional 3,826 shares during the quarter. Vise Technologies Inc.'s holdings in Union Pacific were worth $9,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Investment Partners LTD. bought a new position in Union Pacific in the third quarter valued at $260,000. Summit Global Investments raised its position in Union Pacific by 74.4% during the third quarter. Summit Global Investments now owns 3,698 shares of the railroad operator's stock valued at $1,006,000 after purchasing an additional 1,577 shares in the last quarter. Americana Partners LLC lifted its stake in Union Pacific by 10.5% during the third quarter. Americana Partners LLC now owns 15,876 shares of the railroad operator's stock worth $4,320,000 after purchasing an additional 1,503 shares during the last quarter. Aprio Wealth Management LLC lifted its stake in Union Pacific by 19.9% during the third quarter. Aprio Wealth Management LLC now owns 7,291 shares of the railroad operator's stock worth $1,984,000 after purchasing an additional 1,209 shares during the last quarter. Finally, State of Wyoming lifted its stake in Union Pacific by 155.4% during the third quarter. State of Wyoming now owns 710 shares of the railroad operator's stock worth $193,000 after purchasing an additional 432 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $304.00 on Monday. The stock has a market capitalization of $180.65 billion, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 3.00 and a beta of 0.84. The stock's 50-day moving average price is $287.51 and its 200-day moving average price is $270.06. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32. Union Pacific Corporation has a 12-month low of $216.32 and a 12-month high of $315.99.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, beating analysts' consensus estimates of $3.47 by $0.06. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The company had revenue of $7.20 billion during the quarter, compared to analyst estimates of $7.16 billion. During the same quarter in the previous year, the company posted $3.08 EPS. Union Pacific's revenue for the quarter was up 15.3% on a year-over-year basis. On average, equities analysts anticipate that Union Pacific Corporation will post 13.13 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on UNP. Erste Group Bank assumed coverage on Union Pacific in a report on Thursday, August 27th. They issued a "buy" rating for the company. The Goldman Sachs Group set a $317.00 price objective on Union Pacific and gave the company a "neutral" rating in a report on Thursday, July 23rd. Stephens upgraded Union Pacific to a "strong-buy" rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. cut their target price on Union Pacific from $322.00 to $321.00 and set a "neutral" rating for the company in a research note on Friday, October 23rd. Finally, Barclays reaffirmed an "overweight" rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $326.44.

About Union Pacific

Union Pacific Corporation NYSE: UNP is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.

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