Union Pacific Corporation $UNP Shares Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC lifted its position in Union Pacific Corporation (NYSE:UNP) by 6.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 37,509 shares of the railroad operator’s stock after acquiring an additional 2,371 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Union Pacific were worth $10,207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Scarborough Advisors LLC purchased a new stake in Union Pacific during the 1st quarter valued at about $27,000. John Boyer Inc. acquired a new position in shares of Union Pacific in the third quarter valued at about $27,000. Wiser Advisor Group LLC acquired a new position in shares of Union Pacific in the second quarter valued at about $30,000. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of Union Pacific in the second quarter worth about $34,000. Finally, Clark Wealth Partners raised its stake 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 worth $37,000 after purchasing an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on UNP shares. Erste Group Bank assumed coverage on Union Pacific in a report on Thursday, August 27th. They set a “buy” rating for the company. UBS Group reiterated a “buy” rating and issued a $339.00 price target (up from $310.00) on shares of Union Pacific in a report on Friday, October 23rd. Wells Fargo & Company reiterated an “overweight” rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. Finally, Bank of America lifted their price objective 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. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $325.09.

Union Pacific Price Performance

Shares of UNP opened at $300.84 on Wednesday. The business’s 50-day moving average is $286.49 and its two-hundred day moving average is $272.59. The company 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. 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 $219.89 and a fifty-two week high of $315.99.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The business had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.16 billion. During the same quarter in the previous year, the firm posted $3.08 EPS. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. Research analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current year.

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.