Banco Bilbao Vizcaya Argentaria S.A. lessened its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,046 shares of the railroad operator’s stock after selling 1,958 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Union Pacific were worth $3,925,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Nuveen LLC bought a new stake in Union Pacific during the first quarter worth approximately $988,822,000. Rothschild & Co Wealth Management UK Ltd lifted its stake in shares of Union Pacific by 3,536.2% in the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock worth $232,767,000 after buying an additional 983,855 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Union Pacific by 29.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock worth $873,878,000 after buying an additional 850,025 shares during the last quarter. Auto Owners Insurance Co boosted its holdings in shares of Union Pacific by 61,054.6% during the 1st quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after buying an additional 623,978 shares during the period. Finally, Menora Mivtachim Holdings LTD. acquired a new position in Union Pacific in the 1st quarter valued at $115,096,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on UNP shares. TD Cowen cut their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Sanford C. Bernstein lifted their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Susquehanna reissued a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Evercore ISI lowered their target price on 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, Royal Bank Of Canada lifted their price target on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.
Union Pacific Price Performance
Shares of UNP stock opened at $222.87 on Friday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a market capitalization of $132.19 billion, a P/E ratio of 18.94, a P/E/G ratio of 2.27 and a beta of 1.04. The stock has a 50 day moving average of $224.18 and a two-hundred day moving average of $224.66. 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 (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.75 earnings per share. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.
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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