Marks Group Wealth Management Inc Boosts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Marks Group Wealth Management Inc lifted its stake in Union Pacific Co. (NYSE:UNP) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,538 shares of the railroad operator’s stock after buying an additional 580 shares during the period. Marks Group Wealth Management Inc’s holdings in Union Pacific were worth $8,266,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Forum Financial Management LP boosted its holdings in shares of Union Pacific by 0.6% during the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after purchasing an additional 41 shares during the last quarter. Fairhaven Wealth Management LLC boosted its stake in Union Pacific by 1.7% during the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares during the last quarter. Chesapeake Wealth Management grew its holdings in Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after buying an additional 43 shares in the last quarter. Fortis Capital Advisors LLC increased its stake in Union Pacific by 5.0% in the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after acquiring an additional 44 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV increased its stake in Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after acquiring an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on UNP shares. Susquehanna lowered their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Benchmark reissued a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein lowered their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Finally, Bank of America reduced their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Price Performance

Shares of UNP stock opened at $233.85 on Wednesday. The company’s 50-day simple moving average is $243.96 and its two-hundred day simple moving average is $238.46. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a one year low of $208.14 and a one year high of $258.66. The company has a market capitalization of $141.77 billion, a P/E ratio of 21.47, a P/E/G ratio of 2.27 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the previous year, the business earned $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.