Second Half Financial Partners LLC Buys New Position in Union Pacific Co. (NYSE:UNP)

Second Half Financial Partners LLC purchased a new position in shares of Union Pacific Co. (NYSE:UNP) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 827 shares of the railroad operator’s stock, valued at approximately $204,000.

Several other hedge funds also recently made changes to their positions in the business. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Union Pacific during the third quarter worth $32,911,000. Banque Cantonale Vaudoise lifted its position in Union Pacific by 14.6% during the 3rd quarter. Banque Cantonale Vaudoise now owns 39,385 shares of the railroad operator’s stock worth $9,708,000 after buying an additional 5,031 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in shares of Union Pacific by 59.6% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 15,639 shares of the railroad operator’s stock worth $3,855,000 after buying an additional 5,840 shares during the last quarter. Prospera Financial Services Inc grew its holdings in shares of Union Pacific by 5.2% in the 3rd quarter. Prospera Financial Services Inc now owns 21,158 shares of the railroad operator’s stock valued at $5,217,000 after acquiring an additional 1,038 shares in the last quarter. Finally, OneAscent Financial Services LLC acquired a new stake in shares of Union Pacific in the third quarter valued at about $304,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $232.77 on Tuesday. Union Pacific Co. has a one year low of $216.92 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a market cap of $141.12 billion, a price-to-earnings ratio of 21.53, a P/E/G ratio of 2.33 and a beta of 1.06. The stock’s fifty day moving average price is $241.53 and its two-hundred day moving average price is $238.60.

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

Analyst Upgrades and Downgrades

UNP has been the subject of a number of analyst reports. Susquehanna decreased their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Benchmark reissued a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Barclays boosted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Stifel Nicolaus cut their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $259.80.

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.