3,960 Union Pacific Corporation $UNP Shares Acquired by Harrison Street Private Wealth LLC

Harrison Street Private Wealth LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 19.0% during the third quarter, Holdings Channel reports. The fund owned 24,822 shares of the railroad operator’s stock after acquiring an additional 3,960 shares during the quarter. Union Pacific makes up 9.2% of Harrison Street Private Wealth LLC’s holdings, making the stock its largest holding. Harrison Street Private Wealth LLC’s holdings in Union Pacific were worth $6,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in the company. Wiser Advisor Group LLC acquired a new stake in Union Pacific during the 2nd quarter valued at $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 purchased a new position in shares of Union Pacific during the second quarter valued at $34,000. Clark Wealth Partners grew its holdings in shares of 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 buying an additional 37 shares in the last quarter. Finally, Kings Path Partners LLC acquired a new position in Union Pacific during the third quarter valued at $40,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 1.1%

Union Pacific stock opened at $300.30 on Wednesday. Union Pacific Corporation has a 12 month low of $215.53 and a 12 month high of $315.99. The stock has a market cap of $178.45 billion, a P/E ratio of 23.41 and a beta of 0.95. The company’s fifty day simple moving average is $287.55 and its 200-day simple moving average is $268.98.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) 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. During the same quarter in the prior year, the business posted $3.08 earnings per share. Union Pacific’s revenue was up 15.3% on a year-over-year basis. On average, equities research analysts expect that Union Pacific Corporation will post 13.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Citizens Jmp started coverage on Union Pacific in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 price objective for the company. BMO Capital Markets reaffirmed a “market perform” rating and set a $320.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, July 24th. Stephens upgraded Union Pacific to a “strong-buy” rating in a report on Wednesday, July 8th. Bank of America increased their price target on shares of Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Barclays reissued 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 research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.