AGF Management Ltd. grew its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 412.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,483 shares of the railroad operator’s stock after buying an additional 13,268 shares during the quarter. AGF Management Ltd.’s holdings in Union Pacific were worth $3,792,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Pines Wealth Management LLC increased its stake in Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after acquiring an additional 43 shares during the last quarter. Titleist Asset Management LLC boosted its holdings in shares of Union Pacific by 1.1% in the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares in the last quarter. Five Oceans Advisors boosted its holdings in shares of Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares in the last quarter. St. Johns Investment Management Company LLC increased its stake in shares of Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after purchasing an additional 46 shares during the last quarter. Finally, Schubert & Co raised its holdings in shares of Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after buying an additional 47 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 1.7%
NYSE UNP opened at $221.65 on Monday. The firm has a market capitalization of $131.47 billion, a PE ratio of 18.83, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The business’s 50-day moving average price is $224.06 and its two-hundred day moving average price is $224.40. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.
Wall Street Analysts Forecast Growth
UNP has been the subject of several recent analyst reports. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Evercore ISI decreased 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. Wells Fargo & Company upped their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, Susquehanna reissued a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.
View Our Latest Stock Report on UNP
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.
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