Capital Advisors Inc. OK lowered its position in Union Pacific Co. (NYSE:UNP – Free Report) by 5.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,702 shares of the railroad operator’s stock after selling 104 shares during the quarter. Capital Advisors Inc. OK’s holdings in Union Pacific were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. BNP Paribas bought a new stake in shares of Union Pacific in the first quarter worth $1,088,000. Envestnet Portfolio Solutions Inc. grew its holdings in Union Pacific by 19.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after purchasing an additional 20,173 shares during the period. Shellback Capital LP grew its holdings in Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares during the period. Peoples Bank KS bought a new stake in Union Pacific during the third quarter valued at about $834,000. Finally, Maj Invest Holding A S grew its holdings in Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after purchasing an additional 2,202 shares during the period. Institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on UNP. Citigroup started coverage on Union Pacific in a report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price target for the company. Barclays lowered their price objective on Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Wells Fargo & Company decreased their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Finally, Bank of America decreased their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $259.15.
Union Pacific Trading Up 0.3 %
UNP opened at $232.69 on Friday. The stock has a market cap of $141.07 billion, a price-to-earnings ratio of 21.37, a P/E/G ratio of 2.29 and a beta of 1.06. The stock’s 50 day moving average price is $244.66 and its 200-day moving average price is $238.38. Union Pacific Co. has a one year low of $207.74 and a one year 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.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS 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 business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the company posted $2.51 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Co. will post 10.97 EPS for the current year.
Union Pacific 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.
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