GWM Advisors LLC Has $11.60 Million Position in Union Pacific Co. (UNP)

GWM Advisors LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP) by 405.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,223 shares of the railroad operator’s stock after acquiring an additional 57,141 shares during the period. Union Pacific comprises approximately 0.9% of GWM Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. GWM Advisors LLC’s holdings in Union Pacific were worth $11,597,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Principal Financial Group Inc. increased its position in Union Pacific by 9.0% during the first quarter. Principal Financial Group Inc. now owns 2,439,928 shares of the railroad operator’s stock worth $327,999,000 after buying an additional 202,340 shares during the last quarter. Summit Trail Advisors LLC increased its position in Union Pacific by 11.5% during the first quarter. Summit Trail Advisors LLC now owns 3,504 shares of the railroad operator’s stock worth $478,000 after buying an additional 360 shares during the last quarter. Cibc Bank USA acquired a new position in Union Pacific during the second quarter worth approximately $618,000. Cerebellum GP LLC acquired a new position in Union Pacific during the second quarter worth approximately $172,000. Finally, American National Bank acquired a new position in Union Pacific during the second quarter worth approximately $377,000. Institutional investors and hedge funds own 80.36% of the company’s stock.

A number of equities analysts have weighed in on the company. UBS Group boosted their price target on Union Pacific from $160.00 to $161.00 and gave the stock a “buy” rating in a research report on Friday, July 20th. Cowen reaffirmed a “hold” rating and issued a $151.00 target price on shares of Union Pacific in a research report on Thursday, July 19th. TD Securities downgraded Union Pacific from a “buy” rating to a “hold” rating and decreased their target price for the company from $170.00 to $160.00 in a research report on Friday, October 26th. Bank of America upped their target price on Union Pacific from $158.00 to $166.00 and gave the company a “buy” rating in a research report on Thursday, August 16th. Finally, Loop Capital raised Union Pacific from a “hold” rating to a “buy” rating in a research report on Tuesday, September 18th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $161.44.

In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction on Monday, September 24th. The stock was sold at an average price of $163.81, for a total value of $3,276,200.00. Following the completion of the sale, the executive vice president now directly owns 106,518 shares in the company, valued at $17,448,713.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total value of $1,282,034.00. Following the completion of the sale, the executive vice president now owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.

NYSE UNP opened at $146.22 on Thursday. The firm has a market capitalization of $107.78 billion, a P/E ratio of 25.25, a P/E/G ratio of 1.75 and a beta of 0.81. Union Pacific Co. has a twelve month low of $115.16 and a twelve month high of $165.63. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.06 and a quick ratio of 0.89.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.10 by $0.05. The business had revenue of $5.93 billion during the quarter, compared to the consensus estimate of $5.88 billion. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. During the same period in the prior year, the business posted $1.50 earnings per share. On average, sell-side analysts anticipate that Union Pacific Co. will post 7.84 EPS for the current fiscal year.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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