Union Pacific Corporation $UNP Shares Purchased by Moneco Advisors LLC

Moneco Advisors LLC grew its stake in shares of Union Pacific Corporation (NYSE:UNP) by 150.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 12,572 shares of the railroad operator’s stock after acquiring an additional 7,556 shares during the quarter. Moneco Advisors LLC’s holdings in Union Pacific were worth $3,421,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. John Boyer Inc. bought a new stake in shares of Union Pacific in the 3rd quarter valued at about $27,000. Wiser Advisor Group LLC acquired a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $30,000. Scarborough Advisors LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at approximately $27,000. Kelly Lawrence W & Associates Inc. CA bought a new position in Union Pacific during the 2nd quarter worth approximately $34,000. Finally, Clark Wealth Partners boosted its stake in Union Pacific by 37.4% during the 3rd quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock worth $37,000 after acquiring an additional 37 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP opened at $300.84 on Wednesday. The stock has a market capitalization of $178.77 billion, a P/E ratio of 23.45, a P/E/G ratio of 2.74 and a beta of 0.84. Union Pacific Corporation has a twelve month low of $219.89 and a twelve month high of $315.99. The company has a 50 day moving average of $286.49 and a 200-day moving average of $272.59. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.06. The company had revenue of $7.20 billion for the quarter, compared to the consensus estimate of $7.16 billion. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The firm’s revenue was up 15.3% compared to the same quarter last year. During the same period last year, the company earned $3.08 earnings per share. As a group, equities research analysts forecast that Union Pacific Corporation will post 13.13 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on UNP shares. Erste Group Bank began coverage on shares of Union Pacific in a report on Thursday, August 27th. They set a “buy” rating for the company. Wells Fargo & Company reiterated an “overweight” rating and issued a $335.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Stephens increased their target price on shares of Union Pacific from $340.00 to $352.00 and gave the stock an “overweight” rating in a report on Thursday, October 22nd. Benchmark lifted their price target 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. Finally, Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $325.09.

Union Pacific 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.