Connor Clark & Lunn Investment Management Ltd. Has $11.17 Million Holdings in Union Pacific Co. (NYSE:UNP)

Connor Clark & Lunn Investment Management Ltd. lowered its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 69.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 45,335 shares of the railroad operator's stock after selling 102,182 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in Union Pacific were worth $11,174,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of UNP. Marshall Wace LLP grew its stake in shares of Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator's stock valued at $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator's stock valued at $220,856,000 after purchasing an additional 891,555 shares during the period. Impax Asset Management Group plc grew its position in shares of Union Pacific by 2,025.4% during the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator's stock worth $134,636,000 after purchasing an additional 520,536 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Union Pacific by 170.9% during the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator's stock worth $181,470,000 after purchasing an additional 464,477 shares during the period. Finally, Bridges Investment Management Inc. boosted its stake in shares of Union Pacific by 186.4% in the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator's stock valued at $159,461,000 after buying an additional 458,664 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 1.4 %

Shares of NYSE:UNP traded up $3.37 during trading on Friday, reaching $242.39. The stock had a trading volume of 2,537,932 shares, compared to its average volume of 2,309,603. 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 firm's fifty day moving average is $240.67 and its 200 day moving average is $238.52. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The stock has a market cap of $146.95 billion, a price-to-earnings ratio of 22.12, a P/E/G ratio of 2.31 and a beta of 1.06.

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

Analyst Ratings Changes

A number of equities analysts have commented on the company. JPMorgan Chase & Co. lowered their price objective 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. Royal Bank of Canada decreased their price target on Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Barclays upped their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 13th. Susquehanna dropped their target price on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. Finally, TD Cowen reduced their price target on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research report on Friday, October 25th. Nine investment 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 company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price 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.