Marks Group Wealth Management Inc Grows Stock Holdings in Union Pacific Co. (NYSE:UNP)

Marks Group Wealth Management Inc lifted its position in Union Pacific Co. (NYSE:UNP) by 1.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 33,538 shares of the railroad operator’s stock after buying an additional 580 shares during the period. Marks Group Wealth Management Inc’s holdings in Union Pacific were worth $8,266,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of UNP. JFG Wealth Management LLC acquired a new position in shares of Union Pacific during the third quarter worth $364,000. Fiduciary Family Office LLC increased its position in Union Pacific by 88.7% during the 3rd quarter. Fiduciary Family Office LLC now owns 4,165 shares of the railroad operator’s stock valued at $1,027,000 after buying an additional 1,958 shares in the last quarter. Austin Private Wealth LLC raised its stake in Union Pacific by 5.5% in the third quarter. Austin Private Wealth LLC now owns 1,293 shares of the railroad operator’s stock valued at $319,000 after buying an additional 67 shares during the last quarter. Crestwood Advisors Group LLC grew its position in Union Pacific by 4.3% during the 3rd quarter. Crestwood Advisors Group LLC now owns 5,230 shares of the railroad operator’s stock worth $1,289,000 after purchasing an additional 215 shares during the last quarter. Finally, Pittenger & Anderson Inc. increased its stake in Union Pacific by 1.5% during the 3rd quarter. Pittenger & Anderson Inc. now owns 90,239 shares of the railroad operator’s stock valued at $22,242,000 after purchasing an additional 1,330 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research reports. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Wells Fargo & Company lowered their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. BMO Capital Markets cut their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Stifel Nicolaus decreased their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Stock Performance

NYSE UNP opened at $233.85 on Wednesday. The stock has a market capitalization of $141.77 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 2.27 and a beta of 1.06. The stock has a 50-day moving average of $243.96 and a 200 day moving average of $238.46. 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 Co. has a twelve month low of $208.14 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (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 analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $2.51 EPS. Sell-side analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal 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.