Insight Wealth Strategies LLC Increases Stake in Union Pacific Co. (NYSE:UNP)

Insight Wealth Strategies LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,522 shares of the railroad operator’s stock after buying an additional 67 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Union Pacific were worth $894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in UNP. Janney Montgomery Scott LLC boosted its position in shares of Union Pacific by 13.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 135,942 shares of the railroad operator’s stock valued at $22,989,000 after acquiring an additional 16,477 shares during the last quarter. First Foundation Advisors boosted its position in shares of Union Pacific by 164.1% during the 2nd quarter. First Foundation Advisors now owns 5,237 shares of the railroad operator’s stock valued at $886,000 after acquiring an additional 3,254 shares during the last quarter. Dakota Wealth Management boosted its position in shares of Union Pacific by 51.6% during the 2nd quarter. Dakota Wealth Management now owns 6,875 shares of the railroad operator’s stock valued at $1,163,000 after acquiring an additional 2,340 shares during the last quarter. Edgestream Partners L.P. lifted its position in Union Pacific by 666.8% in the second quarter. Edgestream Partners L.P. now owns 88,678 shares of the railroad operator’s stock worth $14,996,000 after buying an additional 77,113 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new stake in Union Pacific in the second quarter worth $2,092,000. 79.47% of the stock is owned by institutional investors and hedge funds.

UNP stock traded up $0.03 during midday trading on Wednesday, reaching $175.50. The company’s stock had a trading volume of 106,089 shares, compared to its average volume of 3,529,686. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.72 and a current ratio of 0.89. The stock has a fifty day simple moving average of $165.41 and a two-hundred day simple moving average of $168.93. Union Pacific Co. has a 1 year low of $128.08 and a 1 year high of $180.54. The firm has a market capitalization of $122.25 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.07 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 17th. The railroad operator reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.07). Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The business had revenue of $5.52 billion during the quarter, compared to analysts’ expectations of $5.65 billion. During the same quarter in the previous year, the business earned $2.15 EPS. The business’s revenue for the quarter was down 7.0% on a year-over-year basis. As a group, analysts forecast that Union Pacific Co. will post 8.52 EPS for the current fiscal year.

A number of brokerages recently issued reports on UNP. BMO Capital Markets lowered their price target on Union Pacific from $190.00 to $188.00 and set an “outperform” rating for the company in a research report on Friday, October 18th. Loop Capital raised their price target on Union Pacific to $191.00 in a research report on Friday, July 19th. ValuEngine downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Bank of America lowered their price target on Union Pacific from $179.00 to $167.00 and set a “neutral” rating for the company in a research report on Tuesday, October 8th. Finally, Raymond James set a $197.00 price target on Union Pacific and gave the stock a “buy” rating in a research report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $178.67.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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