Elevated Capital Advisors LLC Purchases 1,769 Shares of Union Pacific Co. (NYSE:UNP)

Elevated Capital Advisors LLC increased its position in Union Pacific Co. (NYSE:UNP) by 139.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,038 shares of the railroad operator’s stock after purchasing an additional 1,769 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Union Pacific were worth $749,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Richardson Capital Management LLC purchased a new stake in Union Pacific during the first quarter worth $26,000. Cultivar Capital Inc. purchased a new stake in Union Pacific during the second quarter worth $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific during the second quarter worth $28,000. Tributary Capital Management LLC purchased a new stake in Union Pacific during the first quarter worth $30,000. Finally, Financial Gravity Asset Management Inc. lifted its holdings in Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on UNP shares. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Susquehanna increased their price objective on Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Raymond James increased their price objective on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Finally, Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.53.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Shares of UNP opened at $241.34 on Thursday. The business’s 50-day moving average is $246.57 and its two-hundred day moving average is $238.60. The company has a market capitalization of $147.25 billion, a P/E ratio of 23.03, a P/E/G ratio of 2.26 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66.

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