Union Pacific Corporation $UNP Stock: Lyell Wealth Management LP Grows Holdings

Lyell Wealth Management LP grew its position in shares of Union Pacific Corporation (NYSE:UNP) by 11.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 35,129 shares of the railroad operator’s stock after buying an additional 3,539 shares during the quarter. Lyell Wealth Management LP’s holdings in Union Pacific were worth $9,560,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in UNP. State Street Corp lifted its holdings in shares of Union Pacific by 4.9% in the 2nd quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock valued at $7,586,243,000 after purchasing an additional 1,302,732 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Union Pacific by 0.4% in the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock valued at $3,951,497,000 after purchasing an additional 64,492 shares during the period. Royal Bank of Canada grew its stake in Union Pacific by 0.5% during the 1st quarter. Royal Bank of Canada now owns 4,617,313 shares of the railroad operator’s stock worth $1,120,251,000 after buying an additional 23,698 shares during the last quarter. Legal & General Group Plc purchased a new position in Union Pacific during the 2nd quarter worth approximately $1,193,135,000. Finally, Canada Pension Plan Investment Board purchased a new position in Union Pacific during the 2nd quarter worth approximately $1,094,677,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on UNP shares. Erste Group Bank started coverage on Union Pacific in a research note on Thursday, August 27th. They issued a “buy” rating for the company. The Goldman Sachs Group set a $317.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Susquehanna lifted their target price on shares of Union Pacific from $333.00 to $345.00 and gave the company a “positive” rating in a report on Tuesday, October 27th. Citizens Jmp assumed coverage on shares of Union Pacific in a report on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 target price on the stock. Finally, Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. Two research 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 stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $326.44.

Union Pacific Price Performance

Shares of UNP opened at $303.62 on Wednesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 1.16. Union Pacific Corporation has a fifty-two week low of $216.32 and a fifty-two week high of $315.99. The firm has a 50-day simple moving average of $287.36 and a 200-day simple moving average of $270.83. The company has a market capitalization of $180.43 billion, a price-to-earnings ratio of 23.66, a price-to-earnings-growth ratio of 3.03 and a beta of 0.84.

Union Pacific (NYSE:UNP) last issued 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. The firm had revenue of $7.20 billion for 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 firm’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.08 EPS. On average, equities research analysts anticipate that Union Pacific Corporation will post 13.13 earnings per share for the current year.

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.