Avalon Trust Co Buys 777 Shares of Union Pacific Corporation $UNP

Avalon Trust Co lifted its stake in Union Pacific Corporation (NYSE:UNP) by 77.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,781 shares of the railroad operator’s stock after purchasing an additional 777 shares during the quarter. Avalon Trust Co’s holdings in Union Pacific were worth $410,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of UNP. Northern Trust Corp increased its position in Union Pacific by 2.0% during 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 acquiring an additional 142,732 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings 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 boosted its stake 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 purchasing an additional 86,292 shares during the period. Canada Pension Plan Investment Board boosted its stake 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 worth $1,092,893,000 after purchasing an additional 452,788 shares during the period. Finally, Nuveen LLC bought a new position in Union Pacific during the 1st quarter valued at about $988,822,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.5%

Shares of NYSE UNP opened at $223.68 on Thursday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The firm has a market cap of $132.68 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The business has a fifty day simple moving average of $224.17 and a two-hundred day simple moving average of $224.54. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last posted its quarterly 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. 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 business’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.75 EPS. Analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. BMO Capital Markets decreased their price objective on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. Wells Fargo & Company increased 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. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and raised their price target for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. Sanford C. Bernstein upped their price objective on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Finally, Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and increased their target price for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

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.