RIA Advisory Group LLC Purchases Shares of 1,432 Union Pacific Co. (NYSE:UNP)

RIA Advisory Group LLC bought a new stake in Union Pacific Co. (NYSE:UNP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,432 shares of the railroad operator’s stock, valued at approximately $353,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Fairhaven Wealth Management LLC boosted its position in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after acquiring an additional 43 shares during the period. Chesapeake Wealth Management increased its position in shares of Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after purchasing an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its position in Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after buying an additional 44 shares during the last quarter. Beaumont Financial Advisors LLC boosted its stake in Union Pacific by 1.0% in the first quarter. Beaumont Financial Advisors LLC now owns 4,595 shares of the railroad operator’s stock worth $1,130,000 after buying an additional 45 shares in the last quarter. Finally, Montecito Bank & Trust grew its position in Union Pacific by 0.4% during the second quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock valued at $2,691,000 after acquiring an additional 45 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent research reports. Stifel Nicolaus decreased their price objective on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Bank of America decreased their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Finally, TD Cowen decreased their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Price Performance

NYSE UNP traded down $0.01 during trading hours on Friday, reaching $235.57. The company’s stock had a trading volume of 2,068,472 shares, compared to its average volume of 2,314,945. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm’s 50-day moving average price is $241.86 and its 200-day moving average price is $238.58. Union Pacific Co. has a 1 year low of $216.79 and a 1 year high of $258.66. The company has a market capitalization of $142.82 billion, a price-to-earnings ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.51 EPS. On average, equities research analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific 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.