V Square Quantitative Management LLC Boosts Holdings in Union Pacific Co. (NYSE:UNP)

by · The Cerbat Gem

V Square Quantitative Management LLC lifted its position in Union Pacific Co. (NYSE:UNP – Free Report) by 13.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,367 shares of the railroad operator’s stock after acquiring an additional 1,318 shares during the quarter. V Square Quantitative Management LLC’s holdings in Union Pacific were worth $2,802,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of UNP. Marshall Wace LLP grew its holdings in shares of Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the last quarter. Capital World Investors grew its position in shares of Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after buying an additional 1,073,625 shares in the last quarter. Capital Research Global Investors grew its position in shares of Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after buying an additional 518,985 shares in the last quarter. Bridges Investment Management Inc. raised its holdings in shares of Union Pacific by 186.4% in the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after acquiring an additional 458,664 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new stake in shares of Union Pacific in the 1st quarter valued at about $96,945,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on UNP. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Royal Bank of Canada boosted their target price on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. Susquehanna raised their price target on shares of Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Finally, Raymond James lifted their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $259.25.

Get Our Latest Stock Analysis on UNP

Union Pacific Stock Performance

Shares of UNP stock traded up $1.01 during mid-day trading on Friday, reaching $242.73. The stock had a trading volume of 214,794 shares, compared to its average volume of 2,257,028. Union Pacific Co. has a 1-year low of $199.97 and a 1-year high of $258.66. The firm has a market cap of $147.87 billion, a price-to-earnings ratio of 22.70, a PEG ratio of 2.27 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The business’s fifty day moving average is $246.28 and its 200-day moving average is $238.63.

Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the prior year, the company earned $2.57 EPS. Union Pacific’s quarterly revenue was up .7% on a year-over-year basis. On average, research analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current year.

Union Pacific Company Profile

(Free Report)

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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