Union Pacific Co. (NYSE:UNP) Position Raised by NovaPoint Capital LLC

NovaPoint Capital LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 1.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 17,795 shares of the railroad operator’s stock after acquiring an additional 172 shares during the period. Union Pacific accounts for 1.4% of NovaPoint Capital LLC’s portfolio, making the stock its 23rd biggest holding. NovaPoint Capital LLC’s holdings in Union Pacific were worth $4,386,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Richardson Capital Management LLC acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $26,000. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the 2nd quarter valued at $28,000. Cultivar Capital Inc. acquired a new position in Union Pacific during the 2nd quarter worth $27,000. Tributary Capital Management LLC bought a new position in shares of Union Pacific in the first quarter worth $30,000. Finally, Jamison Private Wealth Management Inc. increased its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.26% of the stock is currently owned by insiders.

Union Pacific Price Performance

Shares of UNP opened at $244.10 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The company has a market capitalization of $148.71 billion, a price-to-earnings ratio of 22.92, a P/E/G ratio of 2.27 and a beta of 1.05. The business’s 50-day moving average is $246.41 and its 200-day moving average is $238.64. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the firm posted $2.57 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. Equities research analysts expect that Union Pacific Co. will post 11.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on UNP shares. Bank of America decreased their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Susquehanna upped their target price on Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Royal Bank of Canada lifted their price target on Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research report on Monday, September 30th. TD Cowen dropped their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Finally, Stifel Nicolaus decreased their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $259.25.

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.