D.A. Davidson & CO. Has $36.37 Million Stock Position in Union Pacific Co. (NYSE:UNP)

D.A. Davidson & CO. trimmed its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 9.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 147,550 shares of the railroad operator's stock after selling 16,059 shares during the period. D.A. Davidson & CO.'s holdings in Union Pacific were worth $36,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. lifted its stake in shares of Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator's stock worth $30,000 after acquiring an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new stake in Union Pacific during the second quarter valued at approximately $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on UNP shares. Wells Fargo & Company cut their target price on shares of Union Pacific from $270.00 to $255.00 and set an "overweight" rating for the company in a research note on Friday, October 25th. TD Cowen cut their target price on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company in a research note on Friday, October 25th. Benchmark restated a "buy" rating and set a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. Citigroup boosted their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada cut their price target on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $259.80.

Union Pacific Price Performance

UNP traded down $3.69 during midday trading on Tuesday, hitting $245.63. The company had a trading volume of 3,297,512 shares, compared to its average volume of 2,317,071. 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 company has a market capitalization of $148.92 billion, a PE ratio of 22.89, a P/E/G ratio of 2.40 and a beta of 1.06. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The firm's 50-day simple moving average is $240.47 and its 200-day simple moving average is $238.48.

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 (EPS) for the quarter, missing the consensus estimate 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 net margin of 27.33% and a return on equity of 41.79%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $2.51 EPS. Equities research analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

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.