Danske Bank A S Acquires 94,526 Shares of Union Pacific Corporation $UNP

Danske Bank A S raised its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 19.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 569,804 shares of the railroad operator's stock after acquiring an additional 94,526 shares during the quarter. Danske Bank A S owned about 0.10% of Union Pacific worth $155,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Eastern Bank boosted its position in shares of Union Pacific by 2.6% during the 3rd quarter. Eastern Bank now owns 214,567 shares of the railroad operator's stock valued at $58,390,000 after acquiring an additional 5,380 shares during the last quarter. BNP Paribas grew its holdings in shares of Union Pacific by 21.5% during the second quarter. BNP Paribas now owns 60,465 shares of the railroad operator's stock worth $16,454,000 after purchasing an additional 10,706 shares in the last quarter. QRG Capital Management Inc. grew its holdings in shares of Union Pacific by 9.4% during the second quarter. QRG Capital Management Inc. now owns 102,949 shares of the railroad operator's stock worth $28,002,000 after purchasing an additional 8,842 shares in the last quarter. KBC Group NV grew its holdings in shares of Union Pacific by 17.7% during the second quarter. KBC Group NV now owns 108,489 shares of the railroad operator's stock worth $29,509,000 after purchasing an additional 16,295 shares in the last quarter. Finally, Axiom Investment Management LLC bought a new position in shares of Union Pacific in the first quarter worth approximately $9,151,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Trading Down 0.5%

NYSE UNP traded down $1.49 during trading on Friday, hitting $302.71. The company had a trading volume of 2,563,489 shares, compared to its average volume of 2,766,625. The company's fifty day moving average is $287.26 and its 200-day moving average is $273.66. Union Pacific Corporation has a one year low of $219.89 and a one year high of $315.99. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32. The company has a market cap of $179.89 billion, a price-to-earnings ratio of 23.59, a price-to-earnings-growth ratio of 2.80 and a beta of 0.84.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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 net margin of 28.90% and a return on equity of 37.54%. The firm had revenue of $7.20 billion for the quarter, compared to analyst estimates of $7.16 billion. During the same quarter in the previous year, the firm posted $3.08 EPS. The company's revenue for the quarter was up 15.3% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current year.

Analysts Set New Price Targets

UNP has been the topic of several research reports. TD Cowen restated a "buy" rating and set a $328.00 price objective (up from $325.00) on shares of Union Pacific in a research report on Friday, October 23rd. JPMorgan Chase & Co. cut their target price on shares of Union Pacific from $322.00 to $321.00 and set a "neutral" rating for the company in a research report on Friday, October 23rd. Wells Fargo & Company reiterated an "overweight" rating and issued a $335.00 target price (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Robert W. Baird set a $310.00 target price on Union Pacific and gave the company a "neutral" rating in a research note on Thursday, November 5th. Finally, Erste Group Bank assumed coverage on Union Pacific in a research report on Thursday, August 27th. They set a "buy" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $325.09.

About Union Pacific

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada. The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.

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