Diversify Wealth Management LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Diversify Wealth Management LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 33.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,250 shares of the railroad operator’s stock after purchasing an additional 1,573 shares during the quarter. Diversify Wealth Management LLC’s holdings in Union Pacific were worth $1,509,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in UNP. Norden Group LLC purchased a new stake in shares of Union Pacific during the first quarter valued at $6,095,000. Accel Wealth Management purchased a new stake in shares of Union Pacific during the first quarter valued at $230,000. FORVIS Wealth Advisors LLC raised its holdings in shares of Union Pacific by 5.9% in the first quarter. FORVIS Wealth Advisors LLC now owns 12,121 shares of the railroad operator’s stock valued at $2,981,000 after acquiring an additional 671 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of Union Pacific in the first quarter valued at about $3,602,000. Finally, Worth Financial Advisory Group LLC bought a new stake in shares of Union Pacific in the first quarter valued at about $567,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Barclays decreased their price objective on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Robert W. Baird decreased their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Bank of America decreased their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Stifel Nicolaus decreased their price objective on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Stock Performance

UNP opened at $232.25 on Thursday. Union Pacific Co. has a 52-week low of $204.63 and a 52-week high of $258.66. 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 company has a market cap of $140.80 billion, a P/E ratio of 21.33, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The firm’s 50-day moving average price is $245.18 and its 200-day moving average price is $238.38.

Union Pacific (NYSE:UNP) last issued its 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 firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.51 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.02 EPS for the current fiscal year.

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.