Union Pacific Corporation $UNP Stock Position Lifted by Vise Technologies Inc.

Vise Technologies Inc. increased its position in Union Pacific Corporation (NYSE:UNP) by 13.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 33,246 shares of the railroad operator’s stock after purchasing an additional 3,826 shares during the period. Vise Technologies Inc.’s holdings in Union Pacific were worth $9,047,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Investment Partners LTD. purchased a new stake in shares of Union Pacific during the third quarter worth about $260,000. Summit Global Investments increased its holdings in Union Pacific by 74.4% during the 3rd quarter. Summit Global Investments now owns 3,698 shares of the railroad operator’s stock valued at $1,006,000 after purchasing an additional 1,577 shares during the period. Americana Partners LLC increased its holdings in Union Pacific by 10.5% during the 3rd quarter. Americana Partners LLC now owns 15,876 shares of the railroad operator’s stock valued at $4,320,000 after purchasing an additional 1,503 shares during the period. Aprio Wealth Management LLC increased its holdings in Union Pacific by 19.9% during the 3rd quarter. Aprio Wealth Management LLC now owns 7,291 shares of the railroad operator’s stock valued at $1,984,000 after purchasing an additional 1,209 shares during the period. Finally, State of Wyoming increased its holdings in Union Pacific by 155.4% during the 3rd quarter. State of Wyoming now owns 710 shares of the railroad operator’s stock valued at $193,000 after purchasing an additional 432 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $304.00 on Monday. The company has a 50-day moving average price of $287.51 and a 200-day moving average price of $270.06. The stock has a market cap of $180.65 billion, a price-to-earnings ratio of 23.69, a P/E/G ratio of 3.00 and a beta of 0.84. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32. Union Pacific Corporation has a 12 month low of $216.32 and a 12 month high of $315.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.06. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The company had revenue of $7.20 billion for the quarter, compared to analysts’ expectations of $7.16 billion. During the same quarter in the previous year, the company earned $3.08 earnings per share. Union Pacific’s quarterly revenue was up 15.3% on a year-over-year basis. Equities analysts predict that Union Pacific Corporation will post 13.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on UNP. Susquehanna upped their price target on Union Pacific from $333.00 to $345.00 and gave the company a “positive” rating in a research report on Tuesday, October 27th. BMO Capital Markets reiterated a “market perform” rating and issued a $320.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, July 24th. UBS Group reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 23rd. TD Cowen reissued a “buy” rating and set a $328.00 target price (up from $325.00) on shares of Union Pacific in a research note on Friday, October 23rd. Finally, Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $326.44.

Union Pacific 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.