1,990 Shares in Union Pacific Corporation $UNP Purchased by Spectrum Advisors Inc.

Spectrum Advisors Inc. bought a new position in shares of Union Pacific Corporation (NYSE:UNP) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,990 shares of the railroad operator’s stock, valued at approximately $542,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UNP. John Boyer Inc. purchased a new stake in Union Pacific in the 3rd quarter worth $27,000. Wiser Advisor Group LLC purchased a new position in Union Pacific during the second quarter valued at $30,000. Scarborough Advisors LLC purchased a new position in Union Pacific during the first quarter valued at $27,000. Kelly Lawrence W & Associates Inc. CA purchased a new position in Union Pacific during the second quarter valued at $34,000. Finally, Clark Wealth Partners grew its position in shares of 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 purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP traded down $7.45 during mid-day trading on Friday, reaching $290.50. The company’s stock had a trading volume of 3,034,151 shares, compared to its average volume of 2,440,108. The stock has a 50-day moving average of $286.72 and a two-hundred day moving average of $271.90. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 1.16. The stock has a market capitalization of $172.63 billion, a P/E ratio of 22.64, a P/E/G ratio of 3.03 and a beta of 0.84. Union Pacific Corporation has a 1-year low of $218.20 and a 1-year high of $315.99.

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 analysts’ consensus estimates of $3.47 by $0.06. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The firm had revenue of $7.20 billion for the quarter, compared to analyst estimates of $7.16 billion. During the same period in the previous year, the business posted $3.08 earnings per share. Union Pacific’s quarterly revenue was up 15.3% on a year-over-year basis. On average, equities research analysts anticipate that Union Pacific Corporation will post 13.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Rothschild & Co Redburn boosted their target price on shares of Union Pacific from $313.00 to $323.00 and gave the stock a “buy” rating in a research note on Tuesday, October 27th. The Goldman Sachs Group set a $317.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Thursday, July 23rd. 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 report on Friday, July 24th. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. Finally, Benchmark increased their target price on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $325.09.

Union Pacific Company Profile

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada.

The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.

Union Pacific traces its history to the Pacific Railway Act of 1862 and played a central role in building the first transcontinental railroad, completed in 1869.