CWA Asset Management Group LLC Invests $1.87 Million in Union Pacific Co. (NYSE:UNP)

CWA Asset Management Group LLC purchased a new stake in Union Pacific Co. (NYSE:UNP - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 7,565 shares of the railroad operator's stock, valued at approximately $1,865,000.

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

Union Pacific Price Performance

Shares of NYSE:UNP traded down $1.07 on Friday, hitting $241.49. The company had a trading volume of 2,209,258 shares, compared to its average volume of 2,593,993. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The company has a market cap of $146.41 billion, a PE ratio of 22.18, a PEG ratio of 2.39 and a beta of 1.06. Union Pacific Co. has a 52-week low of $208.14 and a 52-week high of $258.66. The business has a 50 day moving average of $243.38 and a 200 day moving average of $238.62.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results 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 net margin of 27.33% and a return on equity of 41.79%. Union Pacific's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $2.51 earnings per share. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UNP. Bank of America dropped their price objective on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a report on Tuesday, September 24th. Wells Fargo & Company cut their price objective on Union Pacific from $270.00 to $255.00 and set an "overweight" rating on the stock in a research report on Friday, October 25th. Benchmark reiterated a "buy" rating and issued a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Finally, Daiwa America downgraded Union Pacific from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, September 4th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and a consensus target price of $259.15.

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.