Atria Wealth Solutions Inc. Has $3.44 Million Holdings in Union Pacific Corporation $UNP

Key Points

• Atria Wealth Solutions Inc. reduced its holdings in Union Pacific Corporation by 53.8% during the second quarter, now owning 14,821 shares worth approximately $3.44 million.
• Institutional investors currently own 80.38% of Union Pacific's stock, indicating strong institutional confidence in the company.
• Recent analysts' price targets for Union Pacific range from $215.00 to $276.00, with an average target of $261.58, and the stock has a "Moderate Buy" rating overall.

Atria Wealth Solutions Inc. cut its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 53.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,821 shares of the railroad operator's stock after selling 17,246 shares during the period. Atria Wealth Solutions Inc.'s holdings in Union Pacific were worth $3,439,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UNP. Envestnet Portfolio Solutions Inc. raised its position in shares of Union Pacific by 10.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator's stock valued at $21,475,000 after buying an additional 8,925 shares in the last quarter. LGT Group Foundation raised its position in shares of Union Pacific by 9.7% in the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator's stock valued at $1,275,000 after buying an additional 477 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $988,822,000. SlateStone Wealth LLC raised its position in shares of Union Pacific by 6.2% in the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator's stock valued at $3,133,000 after buying an additional 772 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC raised its position in shares of Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock valued at $866,000 after buying an additional 359 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley dropped their price target on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a research report on Monday, July 7th. Royal Bank Of Canada lifted their price target on shares of Union Pacific from $257.00 to $276.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. Argus downgraded shares of Union Pacific from a "buy" rating to a "hold" rating in a research report on Tuesday, August 12th. Evercore ISI lowered their price objective on shares of Union Pacific from $244.00 to $238.00 and set an "in-line" rating for the company in a research report on Friday, July 25th. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $261.58.

Union Pacific Stock Performance

NYSE:UNP opened at $227.10 on Wednesday. The stock's 50-day simple moving average is $224.61 and its 200 day simple moving average is $224.27. The firm has a market capitalization of $134.70 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts' consensus estimates of $2.84 by $0.19. The firm had revenue of $6.15 billion for the quarter, compared to analysts' expectations of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company's revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.74 earnings per share. On average, analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

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.

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