Oxford Financial Group Ltd. acquired a new stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,204 shares of the railroad operator’s stock, valued at approximately $246,000.
A number of other hedge funds have also made changes to their positions in the stock. Bank Julius Baer & Co. Ltd Zurich increased its holdings 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 acquiring an additional 341,369,646 shares during the last quarter. Moneta Group Investment Advisors LLC increased its holdings 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 acquiring an additional 13,682,419 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Union Pacific by 2.0% during the 1st quarter. Geode Capital Management LLC now owns 11,164,765 shares of the railroad operator’s stock valued at $2,242,636,000 after acquiring an additional 223,827 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Union Pacific by 10.1% during the 1st quarter. Ameriprise Financial Inc. now owns 9,400,232 shares of the railroad operator’s stock valued at $1,891,819,000 after acquiring an additional 864,127 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of Union Pacific by 10.9% during the 4th quarter. Morgan Stanley now owns 8,983,932 shares of the railroad operator’s stock valued at $1,860,303,000 after acquiring an additional 883,963 shares during the last quarter. Institutional investors and hedge funds own 77.36% of the company’s stock.
Union Pacific Stock Down 0.1 %
NYSE UNP opened at $219.21 on Friday. The stock has a fifty 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 P/E ratio of 21.04, a price-to-earnings-growth ratio of 2.59 and a beta of 1.10. Union Pacific Co. has a 52 week low of $183.69 and a 52 week high of $240.48. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.57 and a current ratio of 0.72.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. Stifel Nicolaus decreased their target price on Union Pacific from $233.00 to $232.00 and set a “hold” rating for the company in a research note on Tuesday, October 3rd. Barclays decreased their target price on Union Pacific from $285.00 to $275.00 in a research note on Wednesday, October 4th. Citigroup increased their target price on Union Pacific from $235.00 to $270.00 in a research note on Thursday, July 27th. JPMorgan Chase & Co. decreased their target price on Union Pacific from $254.00 to $236.00 and set a “neutral” rating for the company in a research note on Wednesday, October 11th. Finally, Atlantic Securities downgraded Union Pacific from an “overweight” rating to a “neutral” rating and set a $244.00 price objective for the company. in a research report on Thursday, July 27th. Ten equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $238.96.
View Our Latest Research Report on UNP
Insider Transactions at Union Pacific
In other news, EVP Eric J. Gehringer sold 1,274 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $203.24, for a total value of $258,927.76. Following the transaction, the executive vice president now directly owns 31,991 shares in the company, valued at approximately $6,501,850.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Eric J. Gehringer sold 1,274 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $203.24, for a total value of $258,927.76. Following the transaction, the executive vice president now directly owns 31,991 shares in the company, valued at approximately $6,501,850.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction 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 in the company, valued at $22,144,399.74. The disclosure for this sale can be found here. Insiders have sold 10,974 shares of company stock worth $2,416,899 in the last three months. Insiders own 0.28% of the company’s stock.
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.
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