Union Pacific Co. (NYSE:UNP) Shares Purchased by Meridian Wealth Advisors LLC

Meridian Wealth Advisors LLC increased its position in shares of Union Pacific Co. (NYSE:UNP) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,515 shares of the railroad operator’s stock after acquiring an additional 443 shares during the period. Union Pacific makes up about 1.2% of Meridian Wealth Advisors LLC’s investment portfolio, making the stock its 22nd largest position. Meridian Wealth Advisors LLC’s holdings in Union Pacific were worth $5,285,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of UNP. Wellington Management Group LLP increased its position in shares of Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after purchasing an additional 19,145 shares during the period. Northern Trust Corp lifted its stake in shares of Union Pacific by 4.4% during the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock valued at $1,385,457,000 after acquiring an additional 285,988 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Union Pacific by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after acquiring an additional 125,522 shares during the period. FMR LLC grew its holdings in Union Pacific by 62.8% during the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after purchasing an additional 2,119,382 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Union Pacific by 18.8% in the third quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock worth $1,018,847,000 after acquiring an additional 792,896 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.1 %

Shares of Union Pacific stock opened at $246.07 on Thursday. The company has a market cap of $150.13 billion, a price-to-earnings ratio of 23.46, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The company’s 50 day moving average is $242.47 and its 200 day moving average is $236.79. Union Pacific Co. has a twelve month low of $190.71 and a twelve month high of $258.66. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period last year, the firm earned $2.67 earnings per share. The company’s quarterly revenue was down .4% on a year-over-year basis. Research analysts anticipate that Union Pacific Co. will post 11.21 EPS for the current year.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. UBS Group raised their price objective on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a report on Friday, January 26th. BMO Capital Markets upped their target price on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a research note on Friday, April 26th. Royal Bank of Canada dropped their price target on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Finally, Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the company from $248.00 to $267.00 in a research note on Friday, May 3rd. Six equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.61.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.26% 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, 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.