DRW Securities LLC Acquires 5,275 Shares of Union Pacific Co. (NYSE:UNP)

DRW Securities LLC grew its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 391.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,624 shares of the railroad operator's stock after purchasing an additional 5,275 shares during the period. DRW Securities LLC's holdings in Union Pacific were worth $1,633,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Fairhaven Wealth Management LLC grew its stake in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator's stock worth $584,000 after acquiring an additional 43 shares during the last quarter. Chesapeake Wealth Management grew its stake in shares of Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator's stock worth $1,856,000 after acquiring an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV grew its stake in shares of Union Pacific by 0.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator's stock worth $1,897,000 after acquiring an additional 44 shares during the last quarter. Montecito Bank & Trust grew its stake in shares of Union Pacific by 0.4% in the second quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator's stock worth $2,691,000 after acquiring an additional 45 shares during the last quarter. Finally, Traveka Wealth LLC grew its stake in shares of Union Pacific by 3.4% in the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator's stock worth $335,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Wall Street Analyst Weigh In

UNP has been the topic of several research analyst reports. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $270.00 to $255.00 and set an "overweight" rating on the stock in a research note on Friday, October 25th. Stifel Nicolaus reduced their target price on Union Pacific from $265.00 to $262.00 and set a "buy" rating for the company in a research report on Friday, October 25th. Evercore ISI cut Union Pacific from an "outperform" rating to an "inline" rating and cut their price objective for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a report on Friday, October 25th. Finally, Raymond James lifted their price objective on Union Pacific from $265.00 to $275.00 and gave the company a "strong-buy" rating in a report on Monday, October 14th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Trading Down 1.5 %

UNP stock traded down $3.69 during midday trading on Tuesday, reaching $245.63. The stock had a trading volume of 3,297,097 shares, compared to its average volume of 2,322,864. The firm has a market cap of $148.92 billion, a price-to-earnings ratio of 22.56, a PEG 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 business has a fifty day simple moving average of $240.31 and a two-hundred day simple moving average of $238.46. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP - Get Free Report) last posted 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 company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific's quarterly revenue 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, research analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific 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.