Andra AP fonden increased its holdings in Union Pacific Co. (NYSE:UNP) by 23.3% during the 3rd quarter, Holdings Channel reports. The firm owned 12,700 shares of the railroad operator’s stock after purchasing an additional 2,400 shares during the period. Andra AP fonden’s holdings in Union Pacific were worth $2,068,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Morgan Stanley boosted its position in Union Pacific by 2.8% during the second quarter. Morgan Stanley now owns 15,035,819 shares of the railroad operator’s stock valued at $2,130,275,000 after acquiring an additional 413,967 shares during the last quarter. Janus Henderson Group PLC boosted its position in Union Pacific by 55.7% during the second quarter. Janus Henderson Group PLC now owns 5,526,282 shares of the railroad operator’s stock valued at $782,980,000 after acquiring an additional 1,977,446 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Union Pacific by 1.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 5,110,636 shares of the railroad operator’s stock worth $724,075,000 after purchasing an additional 91,243 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Union Pacific by 1.9% during the 2nd quarter. Canada Pension Plan Investment Board now owns 3,718,928 shares of the railroad operator’s stock worth $526,898,000 after purchasing an additional 68,502 shares in the last quarter. Finally, Egerton Capital UK LLP boosted its position in shares of Union Pacific by 0.3% during the 2nd quarter. Egerton Capital UK LLP now owns 3,279,188 shares of the railroad operator’s stock worth $464,595,000 after purchasing an additional 10,130 shares in the last quarter. 80.50% of the stock is currently owned by institutional investors.

UNP opened at $142.74 on Monday. The company has a current ratio of 1.06, a quick ratio of 0.85 and a debt-to-equity ratio of 1.01. Union Pacific Co. has a fifty-two week low of $115.16 and a fifty-two week high of $165.63. The stock has a market capitalization of $105.56 billion, a P/E ratio of 24.65, a price-to-earnings-growth ratio of 1.71 and a beta of 0.81.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.10 by $0.05. Union Pacific had a net margin of 51.90% and a return on equity of 25.02%. The company had revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same quarter in the prior year, the business posted $1.50 EPS. Equities analysts forecast that Union Pacific Co. will post 7.83 EPS for the current fiscal year.

In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the company’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $163.81, for a total value of $3,276,200.00. Following the sale, the executive vice president now owns 106,518 shares in the company, valued at approximately $17,448,713.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lynden L. Tennison sold 8,450 shares of the company’s stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the completion of the sale, the executive vice president now owns 53,978 shares in the company, valued at approximately $8,189,542.16. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.

A number of equities analysts have recently issued reports on UNP shares. Loop Capital raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Tuesday, September 18th. Barclays reissued a “buy” rating and set a $180.00 price objective on shares of Union Pacific in a research report on Wednesday, September 26th. Credit Suisse Group increased their price objective on shares of Union Pacific from $167.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, September 20th. Bank of America increased their price objective on shares of Union Pacific from $175.00 to $177.00 and gave the stock a “buy” rating in a research report on Monday, October 1st. Finally, Cowen reissued a “hold” rating and set a $151.00 price objective on shares of Union Pacific in a research report on Tuesday, September 18th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $161.44.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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