Entropy Technologies LP Makes New Investment in Union Pacific Co. (NYSE:UNP)

Entropy Technologies LP acquired a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,359 shares of the railroad operator's stock, valued at approximately $3,539,000.

Several other large investors have also modified their holdings of the stock. Cultivar Capital Inc. acquired a new stake in Union Pacific during the 2nd quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific during the 2nd quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. increased its stake in shares of Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator's stock worth $30,000 after buying an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific during the third quarter worth about $30,000. Finally, Fairscale Capital LLC bought a new position in Union Pacific during the 2nd quarter worth approximately $31,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Down 1.3 %

NYSE:UNP traded down $3.04 on Tuesday, hitting $238.91. 2,358,119 shares of the company's stock traded hands, compared to its average volume of 2,312,862. The company has a market cap of $144.84 billion, a PE ratio of 21.96, a price-to-earnings-growth ratio of 2.39 and a beta of 1.06. Union Pacific Co. has a 1 year low of $208.14 and a 1 year high of $258.66. 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 firm has a 50-day moving average price of $243.09 and a 200-day moving average price of $238.66.

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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to analysts' expectations of $6.14 billion. During the same quarter in the previous year, the company earned $2.51 EPS. The firm's quarterly revenue was up 2.5% compared to the same quarter last year. Equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UNP has been the subject of a number of recent research reports. Royal Bank of Canada lowered their price objective on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Citigroup raised their target price on Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a research report on Tuesday. Robert W. Baird reduced their price target on Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. TD Cowen cut their price objective on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research note on Friday, October 25th. Finally, Sanford C. Bernstein decreased their target price on shares of Union Pacific from $277.00 to $272.00 and set an "outperform" rating for the company in a research report on Wednesday, October 9th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has an average rating of "Moderate Buy" and a consensus target price of $259.30.

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.