Union Pacific Corporation $UNP Shares Acquired by AEGON ASSET MANAGEMENT UK Plc

Key Points

• AEGON ASSET MANAGEMENT UK Plc increased its holdings in Union Pacific Corporation by 17.1%, acquiring a total of 54,907 shares valued at approximately $12.63 million.
• Currently, institutional investors hold 80.38% of Union Pacific's stock, indicating strong institutional support for the company.
• Union Pacific is rated a "Moderate Buy" with an average target price of $261.58, reflecting positive analyst sentiment following recent upgrades.

AEGON ASSET MANAGEMENT UK Plc lifted its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 17.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,907 shares of the railroad operator's stock after acquiring an additional 8,015 shares during the period. AEGON ASSET MANAGEMENT UK Plc's holdings in Union Pacific were worth $12,629,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. CBIZ Investment Advisory Services LLC grew its stake in Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock worth $28,000 after buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new position in Union Pacific during the 1st quarter worth $32,000. WPG Advisers LLC bought a new position in Union Pacific during the 1st quarter worth $33,000. GFG Capital LLC bought a new position in Union Pacific during the 2nd quarter worth $38,000. Finally, Cornerstone Planning Group LLC grew its stake in Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after buying an additional 56 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on UNP. Baird R W upgraded Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. Citigroup restated a "buy" rating and set a $263.00 price objective (up from $251.00) on shares of Union Pacific in a research note on Monday. Weiss Ratings restated a "hold (c+)" rating on shares of Union Pacific in a research note on Wednesday, October 8th. BMO Capital Markets upped their price objective on Union Pacific from $270.00 to $277.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Finally, Robert W. Baird began coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and an average target price of $261.58.

Union Pacific Price Performance

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

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating analysts' consensus estimates of $2.84 by $0.19. The company had revenue of $6.15 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company earned $2.74 earnings per share. Equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current 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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