Union Pacific Corporation $UNP Holdings Decreased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 160,004 shares of the railroad operator's stock after selling 6,268 shares during the period. Commonwealth Equity Services LLC's holdings in Union Pacific were worth $43,542,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of Union Pacific by 4.9% in the 2nd quarter. State Street Corp now owns 27,890,598 shares of the railroad operator's stock worth $7,586,243,000 after purchasing an additional 1,302,732 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Union Pacific by 0.4% in the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator's stock worth $3,951,497,000 after acquiring an additional 64,492 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Union Pacific by 0.5% during the 1st quarter. Royal Bank of Canada now owns 4,617,313 shares of the railroad operator's stock worth $1,120,251,000 after buying an additional 23,698 shares in the last quarter. Legal & General Group Plc purchased a new position in Union Pacific in the second quarter worth $1,193,135,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Union Pacific in the 2nd quarter worth about $1,094,677,000. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on UNP shares. UBS Group reiterated a "buy" rating and set a $339.00 price target (up from $310.00) on shares of Union Pacific in a research note on Friday, October 23rd. Erste Group Bank began coverage on shares of Union Pacific in a report on Thursday, August 27th. They issued a "buy" rating on the stock. Raymond James Financial restated a "strong-buy" rating and issued a $285.00 price objective (up from $275.00) on shares of Union Pacific in a research report on Friday, October 23rd. Citizens Jmp began coverage on shares of Union Pacific in a research note on Wednesday, July 15th. They issued an "outperform" rating and a $350.00 price target for the company. Finally, Barclays reissued an "overweight" rating and issued a $350.00 price target (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $325.09.

Union Pacific Stock Down 2.5%

Shares of Union Pacific stock opened at $290.50 on Friday. 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 52-week low of $218.20 and a 52-week high of $315.99. The company's 50 day moving average price is $286.72 and its 200-day moving average price is $271.90. The stock has a market capitalization of $172.63 billion, a price-to-earnings ratio of 22.64, a P/E/G ratio of 2.87 and a beta of 0.84.

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

Union Pacific Profile

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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