Markel Group Inc. Acquires 5,000 Shares of Union Pacific Corporation $UNP

Markel Group Inc. raised its holdings in Union Pacific Corporation (NYSE:UNP) by 3.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 166,028 shares of the railroad operator’s stock after buying an additional 5,000 shares during the quarter. Markel Group Inc.’s holdings in Union Pacific were worth $45,181,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Scarborough Advisors LLC bought a new position in shares of Union Pacific during the first quarter valued at approximately $27,000. John Boyer Inc. purchased a new stake in Union Pacific in the third quarter worth $27,000. Wiser Advisor Group LLC bought a new stake in Union Pacific in the second quarter valued at $30,000. Kelly Lawrence W & Associates Inc. CA bought a new stake in Union Pacific in the second quarter valued at $34,000. Finally, Clark Wealth Partners boosted its holdings in Union Pacific by 37.4% in the third quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 37 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

Shares of UNP opened at $303.62 on Wednesday. The company has a market cap of $180.43 billion, a price-to-earnings ratio of 23.66, a P/E/G ratio of 3.03 and a beta of 0.84. The business’s fifty day simple moving average is $287.36 and its two-hundred day simple moving average is $270.83. Union Pacific Corporation has a 12 month low of $216.32 and a 12 month high of $315.99. 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 (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.06. The firm had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.16 billion. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The company’s revenue was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.08 earnings per share. Research analysts anticipate that Union Pacific Corporation will post 13.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. JPMorgan Chase & Co. decreased their price objective on shares of Union Pacific from $322.00 to $321.00 and set a “neutral” rating for the company in a report on Friday, October 23rd. Benchmark raised their target price on shares of Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Bank of America lifted their target price on shares of Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Barclays reaffirmed an “overweight” rating and set a $350.00 target price (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Finally, UBS Group reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $326.44.

About Union Pacific

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.