Fmr LLC Buys 223,054 Shares of Union Pacific Co. (NYSE:UNP)

Fmr LLC lifted its position in Union Pacific Co. (NYSE:UNPGet Rating) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,375,359 shares of the railroad operator’s stock after acquiring an additional 223,054 shares during the quarter. Fmr LLC owned approximately 1.18% of Union Pacific worth $1,573,016,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Orion Capital Management LLC purchased a new stake in Union Pacific during the first quarter valued at about $25,000. Aspire Private Capital LLC grew its holdings in Union Pacific by 92.3% during the 1st quarter. Aspire Private Capital LLC now owns 100 shares of the railroad operator’s stock valued at $27,000 after buying an additional 48 shares in the last quarter. Tyler Stone Wealth Management boosted its position in shares of Union Pacific by 85.5% in the second quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares during the period. Dravo Bay LLC purchased a new position in Union Pacific during the first quarter valued at approximately $29,000. Finally, Enterprise Trust & Investment Co purchased a new stake in Union Pacific in the 2nd quarter worth approximately $29,000. 77.89% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Union Pacific news, Director Teresa Finley bought 1,380 shares of the firm’s stock in a transaction dated Monday, October 24th. The stock was bought at an average cost of $188.26 per share, with a total value of $259,798.80. Following the completion of the transaction, the director now directly owns 1,380 shares in the company, valued at approximately $259,798.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price target on Union Pacific from $219.00 to $217.00 and set a “neutral” rating on the stock in a report on Friday, October 21st. Benchmark lowered their price objective on shares of Union Pacific to $220.00 in a research note on Thursday, October 13th. Credit Suisse Group dropped their target price on shares of Union Pacific from $244.00 to $232.00 and set an “outperform” rating for the company in a research report on Friday, October 21st. Robert W. Baird cut their price target on Union Pacific to $228.00 in a research note on Thursday, October 13th. Finally, Royal Bank of Canada downgraded shares of Union Pacific from a “sector perform” rating to an “underperform” rating and dropped their price target for the company from $200.00 to $187.00 in a report on Tuesday, November 1st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $221.40.

Union Pacific Price Performance

Union Pacific stock traded down $0.68 during mid-day trading on Thursday, hitting $212.52. 2,403,610 shares of the company were exchanged, compared to its average volume of 3,901,677. The company has a market capitalization of $130.66 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 1.85 and a beta of 1.12. Union Pacific Co. has a 1-year low of $183.70 and a 1-year high of $278.94. The business has a fifty day moving average of $202.37 and a 200 day moving average of $214.95. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 2.70.

Union Pacific (NYSE:UNPGet Rating) last released its quarterly earnings data on Thursday, October 20th. The railroad operator reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.13. Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The business had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $6.41 billion. During the same quarter in the previous year, the business posted $2.57 EPS. Union Pacific’s revenue for the quarter was up 18.0% on a year-over-year basis. As a group, sell-side analysts expect that Union Pacific Co. will post 11.52 earnings per share for the current year.

Union Pacific Profile

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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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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