Cary Street Partners Investment Advisory LLC Raises Holdings in Union Pacific Co. (NYSE:UNP)

Cary Street Partners Investment Advisory LLC grew its position in shares of Union Pacific Co. (NYSE:UNP) by 11.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,208 shares of the railroad operator’s stock after buying an additional 621 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in Union Pacific were worth $1,270,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich raised its stake in shares of Union Pacific by 104,263.0% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 341,697,058 shares of the railroad operator’s stock valued at $69,918,052,000 after purchasing an additional 341,369,646 shares during the period. Moneta Group Investment Advisors LLC raised its stake in shares of Union Pacific by 90,390.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock valued at $2,836,353,000 after purchasing an additional 13,682,419 shares during the period. Norges Bank bought a new stake in shares of Union Pacific during the 4th quarter valued at $1,276,498,000. Soroban Capital Partners LP raised its stake in shares of Union Pacific by 77.5% during the 1st quarter. Soroban Capital Partners LP now owns 8,260,185 shares of the railroad operator’s stock valued at $1,662,445,000 after purchasing an additional 3,605,266 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Union Pacific by 54.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,693,943 shares of the railroad operator’s stock valued at $1,347,224,000 after purchasing an additional 2,349,841 shares during the period. Hedge funds and other institutional investors own 77.36% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, EVP Kenyatta G. Rocker sold 8,700 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total value of $1,935,141.00. Following the completion of the sale, the executive vice president now owns 42,061 shares in the company, valued at approximately $9,355,628.23. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, CFO Jennifer L. Hamann sold 1,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total value of $222,830.00. Following the completion of the transaction, the chief financial officer now owns 99,378 shares of the company’s stock, valued at approximately $22,144,399.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kenyatta G. Rocker sold 8,700 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total value of $1,935,141.00. Following the completion of the transaction, the executive vice president now directly owns 42,061 shares of the company’s stock, valued at approximately $9,355,628.23. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,974 shares of company stock worth $2,416,899. 0.28% of the stock is currently owned by company insiders.

Union Pacific Trading Down 0.1 %

Shares of UNP stock opened at $219.21 on Friday. Union Pacific Co. has a 1-year low of $183.69 and a 1-year high of $240.48. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.72 and a quick ratio of 0.57. The business has a 50-day moving average of $209.05 and a 200 day moving average of $209.93. The stock has a market capitalization of $133.63 billion, a PE ratio of 21.04, a P/E/G ratio of 2.59 and a beta of 1.10.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 19th. The railroad operator reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.10. Union Pacific had a return on equity of 49.14% and a net margin of 26.37%. The business had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.96 billion. During the same quarter last year, the business posted $3.19 EPS. The business’s revenue was down 9.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Union Pacific Co. will post 10.24 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on UNP. Robert W. Baird boosted their price objective on Union Pacific from $228.00 to $260.00 in a research note on Thursday, July 27th. StockNews.com began coverage on Union Pacific in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. Susquehanna decreased their target price on Union Pacific from $240.00 to $220.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 3rd. Atlantic Securities lowered Union Pacific from an “overweight” rating to a “neutral” rating and set a $244.00 target price on the stock. in a research note on Thursday, July 27th. Finally, Stifel Nicolaus decreased their target price on Union Pacific from $233.00 to $232.00 and set a “hold” rating on the stock in a research note on Tuesday, October 3rd. Ten investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $238.96.

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.