Union Pacific Co. (NYSE:UNP) Shares Acquired by Transcendent Capital Group LLC

Transcendent Capital Group LLC raised its stake in Union Pacific Co. (NYSE:UNP) by 402.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,262 shares of the railroad operator’s stock after acquiring an additional 1,011 shares during the quarter. Transcendent Capital Group LLC’s holdings in Union Pacific were worth $311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cultivar Capital Inc. acquired a new position in shares of Union Pacific in the 2nd quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the second quarter valued at about $28,000. Financial Gravity Asset Management Inc. boosted its stake in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific in the 2nd quarter worth about $31,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on UNP. Barclays dropped their target price 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. Bank of America cut their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Sanford C. Bernstein reduced their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Finally, Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Price Performance

UNP opened at $241.49 on Friday. The company has a fifty day moving average price of $243.38 and a two-hundred day moving average price of $238.61. The firm has a market capitalization of $146.41 billion, a PE ratio of 22.18, a P/E/G ratio of 2.39 and a beta of 1.06. Union Pacific Co. has a 52 week low of $208.14 and a 52 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.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the firm earned $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, analysts anticipate 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.