Union Pacific Corporation $UNP Stock: Eurizon Capital SGR S.p.A. Grows Stake

Eurizon Capital SGR S.p.A. raised its position in Union Pacific Corporation (NYSE:UNP) by 10.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 759,543 shares of the railroad operator’s stock after purchasing an additional 73,883 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in Union Pacific were worth $207,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PBU The Pension Fund of Early Childhood & Youth Educators increased its position in Union Pacific by 9.5% during the 3rd quarter. PBU The Pension Fund of Early Childhood & Youth Educators now owns 78,052 shares of the railroad operator’s stock worth $21,240,000 after buying an additional 6,791 shares during the period. CENTRAL TRUST Co lifted its holdings in shares of Union Pacific by 1.4% during the third quarter. CENTRAL TRUST Co now owns 105,906 shares of the railroad operator’s stock worth $28,820,000 after buying an additional 1,474 shares in the last quarter. Maryland State Retirement & Pension System boosted its position in shares of Union Pacific by 15.0% in the third quarter. Maryland State Retirement & Pension System now owns 36,550 shares of the railroad operator’s stock valued at $9,946,000 after acquiring an additional 4,776 shares during the period. Ritholtz Wealth Management boosted its position in shares of Union Pacific by 2.6% in the third quarter. Ritholtz Wealth Management now owns 34,183 shares of the railroad operator’s stock valued at $9,302,000 after acquiring an additional 866 shares during the period. Finally, NBH Bank boosted its position in shares of Union Pacific by 20.0% in the third quarter. NBH Bank now owns 529 shares of the railroad operator’s stock valued at $144,000 after acquiring an additional 88 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Susquehanna raised their price target on shares of Union Pacific from $333.00 to $345.00 and gave the stock a “positive” rating in a research report on Tuesday, October 27th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $322.00 to $321.00 and set a “neutral” rating for the company in a research note on Friday, October 23rd. Barclays reissued an “overweight” rating and issued a $350.00 price objective (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Evercore decreased their target price on shares of Union Pacific from $329.00 to $322.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Finally, Jefferies Financial Group raised their target price on shares of Union Pacific from $330.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $325.09.

Union Pacific Trading Up 0.7%

Shares of Union Pacific stock opened at $304.29 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32. Union Pacific Corporation has a 12-month low of $219.89 and a 12-month high of $315.99. The company has a market capitalization of $180.83 billion, a price-to-earnings ratio of 23.73, a PEG ratio of 2.78 and a beta of 0.84. The firm’s 50-day moving average price is $286.99 and its two-hundred day moving average price is $273.31.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 EPS for the quarter, beating the consensus estimate of $3.47 by $0.06. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The company had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.16 billion. During the same period in the previous year, the company earned $3.08 EPS. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. On average, analysts forecast that Union Pacific Corporation will post 13.13 earnings per share for the current fiscal year.

About Union Pacific

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada. The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.