CIBC Asset Management Inc Has $67.37 Million Holdings in Union Pacific Co. (NYSE:UNP)

CIBC Asset Management Inc lifted its position in Union Pacific Co. (NYSE:UNP - Free Report) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 273,605 shares of the railroad operator's stock after acquiring an additional 5,072 shares during the period. CIBC Asset Management Inc's holdings in Union Pacific were worth $67,366,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter valued at approximately $28,000. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific in the second quarter worth $27,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter worth $30,000. Jamison Private Wealth Management Inc. lifted its stake in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock worth $32,000 after buying an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific in the second quarter worth $31,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

Shares of Union Pacific stock traded down $0.18 on Friday, hitting $235.40. The stock had a trading volume of 1,308,538 shares, compared to its average volume of 2,311,271. Union Pacific Co. has a twelve month low of $216.79 and a twelve month high of $258.66. The business's 50 day moving average is $242.14 and its two-hundred day moving average is $238.62. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock has a market cap of $142.71 billion, a price-to-earnings ratio of 21.78, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06.

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

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Susquehanna dropped their target price on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus dropped their target price on shares of Union Pacific from $265.00 to $262.00 and set a "buy" rating on the stock in a research report on Friday, October 25th. Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research report on Tuesday, September 24th. Finally, Wells Fargo & Company dropped their target price on shares of Union Pacific from $270.00 to $255.00 and set an "overweight" rating on the stock in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific has a consensus rating of "Moderate Buy" and an average price target 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.