Union Pacific Corporation $UNP Stock: Aware Super Pty Ltd as trustee of Aware Super Grows Holdings

Key Points

• Aware Super increased its Union Pacific stake by 1,063.7% in the third quarter, adding 66,129 shares to hold 72,346 shares valued at about $19.7 million.
• Institutional investors and hedge funds own 80.38% of Union Pacific; several major investors also added or initiated sizable positions.
• Union Pacific beat quarterly earnings and revenue expectations, with revenue up 15.3% year over year. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $326.44.

Aware Super Pty Ltd as trustee of Aware Super increased its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 1,063.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 72,346 shares of the railroad operator's stock after acquiring an additional 66,129 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super's holdings in Union Pacific were worth $19,688,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of UNP. Legal & General Group Plc acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $1,193,135,000. Canada Pension Plan Investment Board acquired a new stake in shares of Union Pacific in the second quarter valued at approximately $1,094,677,000. Bank of America Corp DE raised its position in shares of Union Pacific by 16.8% in the first quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator's stock valued at $3,509,030,000 after buying an additional 2,084,808 shares in the last quarter. Jupiter Topco LLC bought a new stake in shares of Union Pacific in the second quarter valued at approximately $479,274,000. Finally, State Street Corp boosted its stake in shares of Union Pacific by 4.9% in the second quarter. State Street Corp now owns 27,890,598 shares of the railroad operator's stock valued at $7,586,243,000 after buying an additional 1,302,732 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $303.62 on Wednesday. The firm's fifty day moving average is $287.36 and its 200-day moving average is $270.83. Union Pacific Corporation has a 52 week low of $216.32 and a 52 week high of $315.99. The firm has a market cap of $180.43 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 3.03 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 earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, beating analysts' consensus estimates of $3.47 by $0.06. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The business had revenue of $7.20 billion during the quarter, compared to the consensus estimate of $7.16 billion. During the same quarter in the prior year, the firm posted $3.08 EPS. The company's revenue for the quarter was up 15.3% compared to the same quarter last year. Sell-side analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UNP. Stephens raised Union Pacific to a "strong-buy" rating in a research report on Wednesday, July 8th. UBS Group reiterated a "buy" rating on shares of Union Pacific in a research report on Friday, October 23rd. Bank of America increased their target price on Union Pacific from $301.00 to $334.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Erste Group Bank initiated coverage on Union Pacific in a report on Thursday, August 27th. They set a "buy" rating on the stock. Finally, Barclays restated an "overweight" rating and issued a $350.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and a consensus price target of $326.44.

Union Pacific Company Profile

Union Pacific Corporation NYSE: UNP is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.

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