Landscape Capital Management L.L.C. purchased a new stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,027 shares of the railroad operator’s stock, valued at approximately $500,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter worth $28,000. Cultivar Capital Inc. acquired a new stake in Union Pacific in the second quarter worth about $27,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. increased its stake in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the period. Finally, Fairscale Capital LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth about $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Price Performance
Shares of UNP opened at $242.39 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market capitalization of $146.95 billion, a price-to-earnings ratio of 22.26, a P/E/G ratio of 2.37 and a beta of 1.06. The business’s 50-day moving average is $240.53 and its 200-day moving average is $238.51. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.
Analysts Set New Price Targets
Several brokerages recently commented on UNP. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Wells Fargo & Company cut their price objective on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. BMO Capital Markets lowered their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Raymond James upped their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Finally, TD Cowen lowered their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Nine investment 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $259.80.
Check Out Our Latest Analysis on UNP
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.
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