Union Pacific Corporation $UNP Shares Acquired by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services increased its Union Pacific stake by 15.1% in the third quarter, adding 13,711 shares to hold 104,421 shares valued at about $28.4 million.
• Analysts have a consensus “Moderate Buy” rating, with an average price target of $325.09; 20 of 24 analysts rate the stock Buy or Strong Buy.
• Union Pacific’s latest quarterly results beat estimates: EPS was $3.53 versus $3.47 expected, while revenue rose 15.3% year over year to $7.20 billion.

Kestra Advisory Services LLC raised its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 15.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,421 shares of the railroad operator's stock after acquiring an additional 13,711 shares during the period. Kestra Advisory Services LLC's holdings in Union Pacific were worth $28,416,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Scarborough Advisors LLC bought a new position in shares of Union Pacific during the first quarter valued at about $27,000. John Boyer Inc. bought a new stake in Union Pacific in the 3rd quarter worth about $27,000. Wiser Advisor Group LLC bought a new stake in Union Pacific in the 2nd quarter worth about $30,000. Kelly Lawrence W & Associates Inc. CA bought a new stake in Union Pacific in the 2nd quarter worth about $34,000. Finally, Clark Wealth Partners increased its stake in Union Pacific by 37.4% in the 3rd quarter. Clark Wealth Partners now owns 136 shares of the railroad operator's stock valued at $37,000 after buying an additional 37 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on UNP. Jefferies Financial Group lifted their target price on shares of Union Pacific from $330.00 to $375.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Citizens Jmp assumed coverage on Union Pacific in a report on Wednesday, July 15th. They issued an "outperform" rating and a $350.00 target price for the company. Royal Bank Of Canada set a $328.00 price target on Union Pacific in a research report on Friday, October 23rd. Sanford C. Bernstein lifted their price target on Union Pacific from $346.00 to $347.00 and gave the stock an "outperform" rating in a report on Tuesday, October 20th. Finally, Benchmark boosted their price objective on Union Pacific from $325.00 to $335.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $325.09.

Union Pacific Trading Down 2.5%

Shares of UNP opened at $290.50 on Friday. The business has a 50-day moving average of $286.72 and a 200 day moving average of $271.90. Union Pacific Corporation has a fifty-two week low of $218.20 and a fifty-two week high of $315.99. The firm has a market cap of $172.63 billion, a P/E ratio of 22.64, a price-to-earnings-growth ratio of 2.87 and a beta of 0.84. 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 (NYSE:UNP - Get Free Report) last released 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 business had revenue of $7.20 billion for 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 revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.08 earnings per share. As a group, 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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