Union Pacific Corporation $UNP Stock: University of Texas Texas AM Investment Management Co. Grows Position

Key Points

• University of Texas Texas A&M Investment Management Co. increased its Union Pacific stake by 449.3% in the third quarter, adding 8,816 shares to hold 10,778 shares valued at about $2.93 million. Institutional investors collectively own 80.38% of the company.
• Union Pacific reported quarterly EPS of $3.53, above the $3.47 consensus, on $7.20 billion in revenue; revenue rose 15.3% year over year.
• Analysts give the stock a “Moderate Buy” consensus rating, with an average price target of $325.09.

University of Texas Texas AM Investment Management Co. grew its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 449.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,778 shares of the railroad operator's stock after purchasing an additional 8,816 shares during the period. University of Texas Texas AM Investment Management Co.'s holdings in Union Pacific were worth $2,933,000 as of its most recent SEC filing.

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

Union Pacific Trading Up 0.1%

UNP opened at $290.50 on Monday. The firm has a market capitalization of $172.63 billion, a P/E ratio of 22.64, a P/E/G ratio of 2.67 and a beta of 0.84. The firm's 50 day moving average is $286.72 and its 200-day moving average is $271.90. Union Pacific Corporation has a 52-week low of $218.20 and a 52-week high of $315.99. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $7.20 billion during 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 firm's revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the prior year, the company posted $3.08 EPS. Analysts expect that Union Pacific Corporation will post 13.13 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on UNP. TD Cowen restated a "buy" rating and set a $328.00 target price (up from $325.00) on shares of Union Pacific in a report on Friday, October 23rd. Stephens increased their price target on Union Pacific from $340.00 to $352.00 and gave the company an "overweight" rating in a report on Thursday, October 22nd. Barclays reissued an "overweight" rating and issued a $350.00 price objective (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Erste Group Bank started coverage on Union Pacific in a research note on Thursday, August 27th. They set a "buy" rating on the stock. Finally, Citigroup restated a "market outperform" rating on shares of Union Pacific in a research note on Friday, October 23rd. 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 stock. According to MarketBeat, Union Pacific has an average rating of "Moderate Buy" and an average target price of $325.09.

About Union Pacific

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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