Addison Capital Co Sells 100 Shares of Union Pacific Co. (NYSE:UNP)

Addison Capital Co decreased its position in Union Pacific Co. (NYSE:UNP) by 2.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,728 shares of the railroad operator’s stock after selling 100 shares during the quarter. Addison Capital Co’s holdings in Union Pacific were worth $919,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Richardson Capital Management LLC purchased a new stake in Union Pacific in the first quarter worth about $26,000. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific in the second quarter worth about $28,000. Cultivar Capital Inc. purchased a new stake in Union Pacific in the second quarter worth about $27,000. Tributary Capital Management LLC purchased a new stake in Union Pacific in the first quarter worth about $30,000. Finally, Jamison Private Wealth Management Inc. grew its position in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Susquehanna increased their target price on Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Royal Bank of Canada increased their target price on Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Monday, July 29th. Finally, Sanford C. Bernstein cut their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $259.25.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, 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 document filed with the SEC, which is available through the SEC website. 0.26% of the stock is currently owned by company insiders.

Union Pacific Price Performance

Shares of UNP stock opened at $241.71 on Friday. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The firm has a market capitalization of $147.25 billion, a P/E ratio of 22.70, a P/E/G ratio of 2.27 and a beta of 1.05. The stock has a 50 day moving average price of $246.28 and a 200 day moving average price of $238.63.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $6.05 billion. During the same period last year, the company earned $2.57 EPS. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. As a group, sell-side analysts predict that Union Pacific Co. will post 11.07 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.