Fulcrum Equity Management grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,406 shares of the railroad operator’s stock after purchasing an additional 110 shares during the period. Fulcrum Equity Management’s holdings in Union Pacific were worth $390,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Krane Funds Advisors LLC acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $25,000. Selective Wealth Management Inc. acquired a new stake in shares of Union Pacific in the 3rd quarter worth approximately $25,000. Candriam Luxembourg S.C.A. grew its holdings in shares of Union Pacific by 10.1% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 163,196 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 14,927 shares during the period. River & Mercantile Asset Management LLP acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $29,000. Finally, Mackey Komara & Dankovich LLC grew its holdings in shares of Union Pacific by 549.7% in the 2nd quarter. Mackey Komara & Dankovich LLC now owns 1,124 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 951 shares during the period. Institutional investors own 79.29% of the company’s stock.
A number of research firms recently weighed in on UNP. Wells Fargo & Co began coverage on Union Pacific in a report on Monday, October 28th. They issued a “market perform” rating and a $162.00 price target on the stock. Raymond James set a $197.00 price target on Union Pacific and gave the stock a “buy” rating in a report on Friday, July 19th. Cowen restated a “buy” rating and issued a $172.00 price target on shares of Union Pacific in a report on Thursday, October 17th. TD Securities lowered their price target on Union Pacific from $175.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 18th. Finally, Cascend Securities cut Union Pacific from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. One analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $178.67.
UNP stock traded up $0.42 on Monday, reaching $176.52. The company had a trading volume of 436,897 shares, compared to its average volume of 3,548,266. Union Pacific Co. has a 1 year low of $128.08 and a 1 year high of $180.54. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.72 and a current ratio of 0.89. The company’s fifty day moving average is $164.85 and its 200 day moving average is $168.95. The company has a market cap of $123.41 billion, a P/E ratio of 22.32, a PEG ratio of 2.09 and a beta of 1.06.
Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 17th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.07). Union Pacific had a net margin of 27.28% and a return on equity of 32.65%. The company had revenue of $5.52 billion during the quarter, compared to analysts’ expectations of $5.65 billion. During the same period in the previous year, the company posted $2.15 EPS. Union Pacific’s quarterly revenue was down 7.0% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Co. will post 8.52 earnings per share for the current year.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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