D.A. Davidson & CO. Purchases 1,690 Shares of Union Pacific Corporation $UNP

Key Points

• D.A. Davidson & CO. increased its stake in Union Pacific Corporation by 1.1%, acquiring an additional 1,690 shares, bringing its total holdings to 149,270 shares valued at approximately $34.34 million.
• Union Pacific's stock has received mixed ratings from analysts; Barclays downgraded it to "equal weight", while Royal Bank of Canada raised its price target to $276, rating it as "outperform".
• Union Pacific reported a Q2 earnings per share (EPS) of $3.03, exceeding expectations by $0.19, with revenues increasing by 2.4% year-over-year.

D.A. Davidson & CO. raised its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 149,270 shares of the railroad operator's stock after purchasing an additional 1,690 shares during the period. D.A. Davidson & CO.'s holdings in Union Pacific were worth $34,344,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. CBIZ Investment Advisory Services LLC lifted its position in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock worth $28,000 after acquiring an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of Union Pacific during the first quarter worth $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific during the first quarter worth $33,000. Cornerstone Planning Group LLC lifted its position in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after acquiring an additional 56 shares in the last quarter. Finally, GFG Capital LLC purchased a new stake in shares of Union Pacific during the second quarter worth $38,000. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on UNP shares. Barclays downgraded Union Pacific from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, July 30th. Royal Bank Of Canada increased their price objective on Union Pacific from $257.00 to $276.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Robert W. Baird initiated coverage on Union Pacific in a research report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price target on the stock. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. Finally, UBS Group set a $253.00 price target on Union Pacific and gave the company a "neutral" rating in a research report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $261.58.

Union Pacific Stock Down 0.4%

UNP opened at $226.50 on Wednesday. The company has a market cap of $134.34 billion, a P/E ratio of 19.68, a P/E/G ratio of 2.36 and a beta of 1.07. The business's 50-day moving average price is $225.02 and its 200-day moving average price is $224.14. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

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