Union Pacific Corporation $UNP Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 0.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,840,862 shares of the railroad operator’s stock after acquiring an additional 9,580 shares during the period. Vanguard Group Inc. owned 0.10% of Union Pacific worth $13,538,106,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Northern Trust Corp grew its position in shares of Union Pacific by 2.0% in the first quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock valued at $1,678,575,000 after purchasing an additional 142,732 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Union Pacific by 5.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after acquiring an additional 354,463 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Union Pacific by 1.7% during the 1st quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after acquiring an additional 86,292 shares during the period. Canada Pension Plan Investment Board boosted its position in shares of Union Pacific by 10.8% during the 1st quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock valued at $1,092,893,000 after acquiring an additional 452,788 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Union Pacific in the first quarter valued at about $988,822,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on UNP shares. Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Susquehanna reiterated a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. TD Cowen lowered their price objective on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, October 24th. JPMorgan Chase & Co. lifted their target price on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, BMO Capital Markets decreased their price target on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Trading Down 0.8%

NYSE UNP opened at $221.25 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The firm has a market cap of $131.24 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 2.27 and a beta of 1.04. The firm has a 50 day simple moving average of $224.26 and a 200-day simple moving average of $224.77. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. During the same period in the prior year, the business earned $2.75 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific 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.