Union Pacific Co. (NYSE:UNP) Shares Acquired by Eagle Asset Management Inc.

Eagle Asset Management Inc. grew its stake in Union Pacific Co. (NYSE:UNP) by 8.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 391,776 shares of the railroad operator’s stock after purchasing an additional 30,383 shares during the period. Eagle Asset Management Inc. owned approximately 0.06% of Union Pacific worth $94,610,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific in the second quarter valued at approximately $28,000. Cultivar Capital Inc. purchased a new stake in shares of Union Pacific in the second quarter valued at approximately $27,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. boosted its stake in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in shares of Union Pacific in the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Raymond James lifted their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, Citigroup boosted their target price on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Performance

Union Pacific stock opened at $239.02 on Friday. The firm has a market capitalization of $144.91 billion, a P/E ratio of 21.95, a PEG ratio of 2.31 and a beta of 1.06. The stock has a fifty day moving average price of $240.67 and a 200 day moving average price of $238.52. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.51 earnings per share. Equities research analysts anticipate that Union Pacific Co. will post 10.94 earnings per share 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.