Bretton Capital Management LLC bought a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 15,350 shares of the railroad operator's stock, valued at approximately $3,783,000. Union Pacific makes up 3.6% of Bretton Capital Management LLC's portfolio, making the stock its 18th biggest position.
Other hedge funds have also made changes to their positions in the company. Forum Financial Management LP grew its position in shares of Union Pacific by 0.6% in the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator's stock valued at $1,731,000 after purchasing an additional 41 shares during the period. Fairhaven Wealth Management LLC raised its stake in Union Pacific by 1.7% during the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator's stock worth $584,000 after purchasing an additional 43 shares during the period. Chesapeake Wealth Management lifted its stake in Union Pacific by 0.5% during the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator's stock worth $1,856,000 after purchasing an additional 43 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its holdings in Union Pacific by 0.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator's stock valued at $1,897,000 after purchasing an additional 44 shares during the period. Finally, Beaumont Financial Advisors LLC lifted its stake in Union Pacific by 1.0% in the first quarter. Beaumont Financial Advisors LLC now owns 4,595 shares of the railroad operator's stock worth $1,130,000 after acquiring an additional 45 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Stock Performance
Shares of UNP traded down $4.83 during trading hours on Thursday, hitting $235.58. The company had a trading volume of 2,742,141 shares, compared to its average volume of 2,315,952. Union Pacific Co. has a 12 month low of $215.81 and a 12 month high of $258.66. The firm has a market cap of $142.82 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 2.36 and a beta of 1.06. The business has a fifty day moving average of $242.46 and a 200-day moving average of $238.64. 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 (NYSE:UNP - Get Free Report) last released its quarterly 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 for 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 business posted $2.51 earnings per share. Equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on UNP shares. TD Cowen reduced their price objective on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company in a research report on Friday, October 25th. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the company a "strong-buy" rating in a report on Monday, October 14th. StockNews.com cut Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. Daiwa America lowered Union Pacific from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, September 4th. Finally, Stifel Nicolaus lowered their target price on Union Pacific from $265.00 to $262.00 and set a "buy" rating for the company in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $259.80.
Check Out Our Latest Analysis on UNP
Union Pacific Profile
(
Free Report)
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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