Union Pacific Co. (NYSE:UNP) Holdings Raised by Heritage Investment Group Inc.

Heritage Investment Group Inc. boosted its stake in Union Pacific Co. (NYSE:UNP) by 2.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,353 shares of the railroad operator’s stock after buying an additional 64 shares during the period. Heritage Investment Group Inc.’s holdings in Union Pacific were worth $580,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. RIA Advisory Group LLC acquired a new stake in shares of Union Pacific in the 3rd quarter worth approximately $353,000. Nicollet Investment Management Inc. lifted its position in Union Pacific by 0.8% in the third quarter. Nicollet Investment Management Inc. now owns 20,510 shares of the railroad operator’s stock worth $5,055,000 after purchasing an additional 158 shares during the period. Coastline Trust Co boosted its stake in Union Pacific by 3.9% during the 3rd quarter. Coastline Trust Co now owns 8,137 shares of the railroad operator’s stock valued at $2,006,000 after purchasing an additional 304 shares in the last quarter. Birchcreek Wealth Management LLC increased its position in shares of Union Pacific by 4.1% during the 3rd quarter. Birchcreek Wealth Management LLC now owns 1,672 shares of the railroad operator’s stock valued at $412,000 after purchasing an additional 66 shares during the period. Finally, Empowered Funds LLC raised its stake in shares of Union Pacific by 5.7% in the 3rd quarter. Empowered Funds LLC now owns 35,978 shares of the railroad operator’s stock worth $8,868,000 after buying an additional 1,933 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.0 %

Shares of Union Pacific stock traded down $0.01 on Friday, hitting $235.57. 2,068,472 shares of the company traded hands, compared to its average volume of 2,314,945. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $216.79 and a 12-month high of $258.66. The company has a 50-day moving average price of $241.86 and a 200 day moving average price of $238.58. The company has a market cap of $142.82 billion, a PE ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the company earned $2.51 earnings per share. Sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Wall Street Analyst Weigh In

UNP has been the subject of several research reports. Bank of America decreased their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Royal Bank of Canada reduced their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. BMO Capital Markets dropped their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Stifel Nicolaus reduced their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Sanford C. Bernstein dropped their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $259.80.

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.