M Holdings Securities Inc. Buys 3,821 Shares of Union Pacific Corporation $UNP

Key Points

• M Holdings Securities initiated a position in Union Pacific during the third quarter, buying 3,821 shares valued at approximately $1.04 million. Institutional investors collectively own 80.38% of the stock.
• Union Pacific reported quarterly EPS of $3.53, beating the $3.47 consensus estimate, while revenue of $7.20 billion topped forecasts and rose 15.3% year over year.
• Analysts give the stock a “Moderate Buy” consensus rating, with an average price target of $325.09; 19 rate it Buy, four Hold, and one Strong Buy.

M Holdings Securities Inc. purchased a new position in Union Pacific Corporation (NYSE:UNP - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,821 shares of the railroad operator's stock, valued at approximately $1,040,000.

Several other hedge funds also recently made changes to their positions in the stock. Capital Advisors Inc. OK lifted its holdings in Union Pacific by 1.8% during the 2nd quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator's stock worth $513,000 after purchasing an additional 34 shares in the last quarter. Tiemann Investment Advisors LLC boosted its stake in Union Pacific by 1.7% in the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator's stock worth $576,000 after purchasing an additional 35 shares during the period. Burford Brothers Inc. boosted its stake in Union Pacific by 1.9% in the 2nd quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator's stock worth $511,000 after purchasing an additional 35 shares during the period. Nabity Jensen Investment Management Inc boosted its stake in Union Pacific by 1.3% in the 3rd quarter. Nabity Jensen Investment Management Inc now owns 2,754 shares of the railroad operator's stock worth $749,000 after purchasing an additional 35 shares during the period. Finally, Mountain Pacific Investment Advisers LLC grew its holdings in Union Pacific by 3.0% during the 3rd quarter. Mountain Pacific Investment Advisers LLC now owns 1,218 shares of the railroad operator's stock valued at $331,000 after buying an additional 35 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Barclays reaffirmed an "overweight" rating and set a $350.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. JPMorgan Chase & Co. lowered their price target on shares of Union Pacific from $322.00 to $321.00 and set a "neutral" rating on the stock in a report on Friday, October 23rd. Sanford C. Bernstein increased their price target on shares of Union Pacific from $346.00 to $347.00 and gave the stock an "outperform" rating in a report on Tuesday, October 20th. Bank of America raised their price objective on shares of Union Pacific from $301.00 to $334.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Finally, Benchmark boosted their price objective on shares of Union Pacific from $325.00 to $335.00 and gave the company a "buy" rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $325.09.

Union Pacific Trading Up 2.3%

Union Pacific stock opened at $296.81 on Tuesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 1.16. Union Pacific Corporation has a fifty-two week low of $219.89 and a fifty-two week high of $315.99. The stock has a market cap of $176.38 billion, a P/E ratio of 23.13, a PEG ratio of 3.05 and a beta of 0.84. The firm's fifty day moving average price is $286.50 and its 200-day moving average price is $272.24.

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

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.

Union Pacific traces its history to the Pacific Railway Act of 1862 and played a central role in building the first transcontinental railroad, completed in 1869.

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