AE Wealth Management LLC Purchases 1,180 Shares of Union Pacific Corporation $UNP

AE Wealth Management LLC lifted its position in Union Pacific Corporation (NYSE:UNP) by 4.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,429 shares of the railroad operator’s stock after purchasing an additional 1,180 shares during the period. AE Wealth Management LLC’s holdings in Union Pacific were worth $6,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of UNP. CBIZ Investment Advisory Services LLC increased its stake in Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares in the last quarter. Access Investment Management LLC purchased a new position in shares of Union Pacific in the second quarter valued at about $32,000. WPG Advisers LLC bought a new position in shares of Union Pacific in the first quarter worth about $33,000. GFG Capital LLC purchased a new stake in shares of Union Pacific during the second quarter worth about $38,000. Finally, IMA Advisory Services Inc. purchased a new stake in shares of Union Pacific during the first quarter worth about $43,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on UNP shares. Wells Fargo & Company boosted their price target on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Sanford C. Bernstein boosted their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and upped their target price for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. Evercore ISI reduced their price target on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a report on Friday, July 25th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Up 1.7%

Shares of NYSE:UNP opened at $221.65 on Monday. The company has a market cap of $131.47 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The company has a 50-day moving average price of $224.06 and a 200 day moving average price of $224.40.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.75 earnings per share. As a group, equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

About Union Pacific

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.