Union Pacific Corporation $UNP Stock: Aberdeen Group plc Trims Stake

Key Points

• Aberdeen Group cut its Union Pacific stake by 73.6% in the third quarter, selling 876,873 shares. It retained 315,138 shares valued at about $85.8 million at quarter-end.
• Analysts’ consensus rating is Moderate Buy, with an average price target of $325.09; 20 analysts rate the stock Buy or Strong Buy and four rate it Hold.
• Union Pacific topped quarterly earnings and revenue estimates, reporting $3.53 in EPS and $7.20 billion in revenue. Revenue rose 15.3% year over year.

Aberdeen Group plc decreased its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 73.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 315,138 shares of the railroad operator's stock after selling 876,873 shares during the quarter. Aberdeen Group plc owned 0.05% of Union Pacific worth $85,759,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of UNP. Scarborough Advisors LLC bought a new stake in shares of Union Pacific in the first quarter worth approximately $27,000. John Boyer Inc. purchased a new position in shares of Union Pacific during the third quarter valued at approximately $27,000. Wiser Advisor Group LLC bought a new position in Union Pacific during the second quarter valued at approximately $30,000. Kelly Lawrence W & Associates Inc. CA bought a new position in Union Pacific during the second quarter valued at approximately $34,000. Finally, Clark Wealth Partners lifted its position in Union Pacific by 37.4% during the third quarter. Clark Wealth Partners now owns 136 shares of the railroad operator's stock valued at $37,000 after purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on UNP shares. Barclays restated an "overweight" rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Susquehanna boosted their target price on shares of Union Pacific from $333.00 to $345.00 and gave the company a "positive" rating in a research note on Tuesday, October 27th. JPMorgan Chase & Co. decreased 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 note on Friday, October 23rd. BMO Capital Markets reissued a "market perform" rating and set a $320.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, July 24th. Finally, The Goldman Sachs Group set a $317.00 price target on Union Pacific and gave the stock a "neutral" rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $325.09.

Union Pacific Trading Down 0.5%

Union Pacific stock opened at $302.71 on Friday. Union Pacific Corporation has a 52-week low of $219.89 and a 52-week high of $315.99. The company has a market cap of $179.89 billion, a P/E ratio of 23.59, a P/E/G ratio of 2.80 and a beta of 0.84. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32. The business has a 50-day simple moving average of $287.26 and a two-hundred day simple moving average of $273.66.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.06. The firm had revenue of $7.20 billion for the quarter, compared to analysts' expectations of $7.16 billion. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The business's quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.08 EPS. Analysts predict 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.

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