Wealth Alliance Advisory Group LLC Sells 287 Shares of Union Pacific Co. (NYSE:UNP)

Wealth Alliance Advisory Group LLC reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 19.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,189 shares of the railroad operator’s stock after selling 287 shares during the quarter. Wealth Alliance Advisory Group LLC’s holdings in Union Pacific were worth $293,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Richardson Capital Management LLC purchased a new stake in shares of Union Pacific in the first quarter worth approximately $26,000. Cultivar Capital Inc. purchased a new stake in Union Pacific in the 2nd quarter valued at $27,000. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the 2nd quarter valued at $28,000. Tributary Capital Management LLC purchased a new position in Union Pacific during the 1st quarter worth $30,000. Finally, Financial Gravity Asset Management Inc. grew its stake in shares of 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 worth $30,000 after acquiring an additional 130 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.28% of the stock is owned by insiders.

Analysts Set New Price Targets

UNP has been the topic of several analyst reports. BMO Capital Markets cut their price target 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. Royal Bank of Canada upped their target price on Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a report on Monday, September 30th. Raymond James lifted their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, Stifel Nicolaus decreased their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.25.

Union Pacific Price Performance

Union Pacific stock opened at $244.10 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The business has a 50-day simple moving average of $246.41 and a 200 day simple moving average of $238.61. The stock has a market cap of $148.93 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.27 and a beta of 1.05. Union Pacific Co. has a 52 week low of $199.97 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.57 EPS. On average, research analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

About Union Pacific

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.