Aljian Capital Management LLC Takes $697,000 Position in Union Pacific Co. (NYSE:UNP)

Aljian Capital Management LLC acquired a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,828 shares of the railroad operator's stock, valued at approximately $697,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cultivar Capital Inc. bought a new stake in Union Pacific in the second quarter worth $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific during the 2nd quarter worth about $28,000. Financial Gravity Asset Management Inc. grew its holdings in 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 valued at $30,000 after purchasing an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific in the 3rd quarter worth about $30,000. Finally, Fairscale Capital LLC bought a new stake in Union Pacific in the second quarter worth about $31,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on UNP. JPMorgan Chase & Co. cut their target price on Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Benchmark reaffirmed a "buy" rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Royal Bank of Canada decreased their target price on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Daiwa America cut shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Finally, Robert W. Baird decreased their price objective on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $259.80.

Union Pacific Stock Down 0.5 %

UNP traded down $1.16 on Monday, hitting $234.41. The company had a trading volume of 1,399,036 shares, compared to its average volume of 2,310,848. The stock has a market capitalization of $142.11 billion, a price-to-earnings ratio of 21.53, a P/E/G ratio of 2.33 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a fifty day moving average price of $241.53 and a 200-day moving average price of $238.60. Union Pacific Co. has a 12-month low of $216.92 and a 12-month high of $258.66.

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