Community Bank N.A. grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 116.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,540 shares of the railroad operator’s stock after acquiring an additional 1,901 shares during the quarter. Community Bank N.A.’s holdings in Union Pacific were worth $577,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Lenox Wealth Advisors LLC acquired a new position in shares of Union Pacific in the second quarter valued at approximately $105,000. Landaas & Co. WI ADV acquired a new position in shares of Union Pacific in the second quarter valued at approximately $133,000. grace capital acquired a new position in shares of Union Pacific in the second quarter valued at approximately $142,000. Exane Derivatives increased its stake in shares of Union Pacific by 85.1% in the second quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after buying an additional 504 shares during the period. Finally, Parkside Investments LLC acquired a new position in shares of Union Pacific in the third quarter valued at approximately $185,000. 80.80% of the stock is owned by hedge funds and other institutional investors.
Several research firms have recently issued reports on UNP. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $176.00 price objective for the company in a research note on Wednesday, September 19th. UBS Group upped their price objective on Union Pacific from $161.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, September 20th. Bank of America downgraded Union Pacific from a “buy” rating to a “neutral” rating and set a $164.00 price objective for the company. in a research note on Thursday, October 18th. Loop Capital raised Union Pacific from a “hold” rating to a “buy” rating in a research note on Tuesday, September 18th. Finally, Barclays reaffirmed a “buy” rating and issued a $180.00 price objective on shares of Union Pacific in a research note on Wednesday, September 26th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $161.44.
In other Union Pacific news, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the transaction, the executive vice president now directly owns 53,978 shares in the company, valued at approximately $8,189,542.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $163.81, for a total value of $3,276,200.00. Following the transaction, the executive vice president now owns 106,518 shares in the company, valued at $17,448,713.58. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
NYSE:UNP opened at $150.25 on Friday. The company has a market cap of $112.63 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 1.83 and a beta of 0.95. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.06 and a quick ratio of 0.89. Union Pacific Co. has a fifty-two week low of $115.16 and a fifty-two week high of $165.63.
Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.05. The business had revenue of $5.93 billion during the quarter, compared to the consensus estimate of $5.88 billion. Union Pacific had a net margin of 51.90% and a return on equity of 25.02%. During the same quarter in the prior year, the firm posted $1.50 EPS. On average, sell-side analysts expect that Union Pacific Co. will post 7.84 EPS for the current year.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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