Union Pacific Co. (NYSE:UNP) Stock Holdings Lowered by Aigen Investment Management LP

Aigen Investment Management LP reduced its holdings in Union Pacific Co. (NYSE:UNP) by 87.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,405 shares of the railroad operator’s stock after selling 10,107 shares during the quarter. Aigen Investment Management LP’s holdings in Union Pacific were worth $346,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific during the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the 2nd quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. increased its stake in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the 3rd quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in Union Pacific in the 2nd quarter valued at approximately $31,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on UNP. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. 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 research note on Friday, October 25th. Citigroup boosted their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Sanford C. Bernstein decreased 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 report on Wednesday, October 9th. Nine 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. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Price Performance

NYSE:UNP opened at $235.57 on Friday. The stock has a market cap of $142.82 billion, a P/E ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06. Union Pacific Co. has a one year low of $216.79 and a one year high of $258.66. The company has a fifty day moving average price of $242.14 and a 200 day moving average price of $238.62. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

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