Union Pacific Co. (NYSE:UNP) Stock Holdings Lifted by ABLE Financial Group LLC

ABLE Financial Group LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 11.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,773 shares of the railroad operator’s stock after purchasing an additional 397 shares during the period. ABLE Financial Group LLC’s holdings in Union Pacific were worth $930,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Cultivar Capital Inc. purchased a new position in shares of Union Pacific during the 2nd quarter valued at $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the 2nd quarter worth about $28,000. Financial Gravity Asset Management Inc. lifted its holdings in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in Union Pacific in the second quarter worth approximately $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have commented on UNP. Raymond James boosted their target price 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, October 14th. Bank of America decreased their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Stifel Nicolaus cut their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Robert W. Baird decreased their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Citigroup initiated coverage on Union Pacific in a report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price objective on the stock. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Stock Performance

Shares of NYSE UNP traded up $1.20 during trading hours on Friday, reaching $243.76. The stock had a trading volume of 513,930 shares, compared to its average volume of 2,300,040. The company has a market cap of $147.78 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.46 and a beta of 1.06. 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 business’s fifty day moving average is $243.88 and its two-hundred day moving average is $238.53. Union Pacific Co. has a twelve month low of $208.14 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last issued 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the company posted $2.51 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, research analysts expect that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific 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.