EULAV Asset Management Sells 31,000 Shares of Union Pacific Co. (NYSE:UNP)

EULAV Asset Management cut its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 18.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 133,100 shares of the railroad operator's stock after selling 31,000 shares during the quarter. EULAV Asset Management's holdings in Union Pacific were worth $32,806,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Marshall Wace LLP raised its stake in shares of Union Pacific by 272.3% during 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 during the last quarter. Capital World Investors boosted its stake in shares of Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator's stock valued at $1,012,857,000 after purchasing an additional 1,073,625 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Union Pacific by 19,878.6% during the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator's stock valued at $220,856,000 after buying an additional 891,555 shares during the period. Impax Asset Management Group plc raised its stake in Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator's stock worth $134,636,000 after buying an additional 520,536 shares in the last quarter. Finally, Capital Research Global Investors lifted its holdings in Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator's stock worth $1,812,689,000 after buying an additional 518,985 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

UNP stock traded up $0.27 during trading on Wednesday, reaching $233.56. The stock had a trading volume of 1,155,003 shares, compared to its average volume of 2,303,335. The stock's 50 day moving average is $241.14 and its two-hundred day moving average is $238.55. The firm has a market cap of $141.60 billion, a PE ratio of 21.38, a PEG ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week 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.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the business posted $2.51 earnings per share. The firm's revenue was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on UNP shares. Benchmark reissued a "buy" rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Bank of America lowered their price objective on Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a research report on Tuesday, September 24th. TD Cowen reduced their target price 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. Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Finally, Wells Fargo & Company decreased 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. Nine equities research 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 stock. According to MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and an average target price of $259.80.

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.