Nicholson Wealth Management Group LLC Acquires Shares of 4,167 Union Pacific Co. (NYSE:UNP)

Nicholson Wealth Management Group LLC bought a new position in Union Pacific Co. (NYSE:UNP) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,167 shares of the railroad operator’s stock, valued at approximately $1,027,000.

Several other institutional investors also recently modified their holdings of the business. Sovereign Financial Group Inc. bought a new position in Union Pacific during the first quarter valued at about $226,000. Wealthcare Advisory Partners LLC grew its position in shares of Union Pacific by 55.2% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 3,366 shares of the railroad operator’s stock valued at $828,000 after acquiring an additional 1,197 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Union Pacific by 2.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 115,384 shares of the railroad operator’s stock worth $28,376,000 after purchasing an additional 2,929 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of Union Pacific by 26.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,651 shares of the railroad operator’s stock worth $898,000 after purchasing an additional 763 shares during the period. Finally, Artemis Investment Management LLP lifted its stake in Union Pacific by 0.4% in the first quarter. Artemis Investment Management LLP now owns 45,852 shares of the railroad operator’s stock valued at $11,270,000 after purchasing an additional 176 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is owned by insiders.

Union Pacific Trading Down 4.4 %

Shares of UNP opened at $230.75 on Friday. Union Pacific Co. has a 1-year low of $199.97 and a 1-year high of $258.66. The company has a market capitalization of $140.57 billion, a P/E ratio of 21.67, a P/E/G ratio of 2.23 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The firm’s 50 day simple moving average is $246.57 and its 200 day simple moving average is $238.60.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter last year, the company posted $2.57 EPS. The business’s quarterly revenue was up .7% on a year-over-year basis. Sell-side analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on UNP. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Royal Bank of Canada increased their target price on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. Barclays reduced their target price on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, Stifel Nicolaus dropped their price target on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $260.53.

About Union Pacific

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.