Benchmark Financial Wealth Advisors LLC Raises Stock Position in Union Pacific Co. (NYSE:UNP)

Benchmark Financial Wealth Advisors LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.2% during the third quarter, HoldingsChannel.com reports. The fund owned 1,652 shares of the railroad operator’s stock after buying an additional 51 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in Union Pacific were worth $407,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Radnor Capital Management LLC purchased a new position in Union Pacific during the third quarter valued at approximately $2,923,000. Catalina Capital Group LLC increased its holdings in Union Pacific by 14.3% during the third quarter. Catalina Capital Group LLC now owns 2,107 shares of the railroad operator’s stock valued at $519,000 after buying an additional 264 shares during the period. Avidian Wealth Enterprises LLC increased its holdings in Union Pacific by 43.5% during the third quarter. Avidian Wealth Enterprises LLC now owns 3,682 shares of the railroad operator’s stock valued at $908,000 after buying an additional 1,117 shares during the period. Marks Group Wealth Management Inc increased its holdings in Union Pacific by 1.8% during the third quarter. Marks Group Wealth Management Inc now owns 33,538 shares of the railroad operator’s stock valued at $8,266,000 after buying an additional 580 shares during the period. Finally, JFG Wealth Management LLC purchased a new position in Union Pacific during the third quarter valued at approximately $364,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UNP has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Barclays cut their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Stifel Nicolaus lowered their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Stock Up 1.7 %

UNP opened at $233.85 on Wednesday. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a fifty day moving average of $243.96 and a two-hundred day moving average of $238.46. The stock has a market capitalization of $141.77 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 2.27 and a beta of 1.06.

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

Union Pacific Company 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.