GSA Capital Partners LLP reduced its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 49.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,101 shares of the railroad operator's stock after selling 5,984 shares during the quarter. GSA Capital Partners LLP's holdings in Union Pacific were worth $1,504,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Forum Financial Management LP lifted its holdings in Union Pacific by 0.6% during the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator's stock worth $1,731,000 after buying an additional 41 shares in the last quarter. Fairhaven Wealth Management LLC lifted its holdings in Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator's stock worth $584,000 after buying an additional 43 shares in the last quarter. Chesapeake Wealth Management lifted its holdings in Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator's stock worth $1,856,000 after buying an additional 43 shares in the last quarter. Fortis Capital Advisors LLC increased its position in shares of Union Pacific by 5.0% in the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator's stock valued at $225,000 after purchasing an additional 44 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV increased its position in shares of Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator's stock valued at $1,897,000 after purchasing an additional 44 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the stock. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $265.00 to $262.00 and set a "buy" rating on the stock in a research report on Friday, October 25th. Citigroup increased their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a research report on Tuesday. Bank of America dropped their price objective on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research report on Tuesday, September 24th. Royal Bank of Canada dropped their price objective on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Finally, Evercore ISI lowered shares of Union Pacific from an "outperform" rating to an "inline" rating and cut their price target for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine research 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's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $259.80.
Read Our Latest Research Report on UNP
Union Pacific Stock Performance
Shares of NYSE:UNP traded up $1.50 during midday trading on Wednesday, hitting $240.41. The stock had a trading volume of 2,459,240 shares, compared to its average volume of 2,313,539. The company has a market capitalization of $145.75 billion, a PE ratio of 22.04, a P/E/G ratio of 2.36 and a beta of 1.06. The stock has a 50 day moving average price of $242.77 and a two-hundred day moving average price of $238.63. 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 Co. has a 1 year low of $212.47 and a 1 year high of $258.66.
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 for the quarter, missing the consensus estimate 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%. The firm's revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.51 EPS. As a group, equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.
About Union Pacific
(
Free Report)
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.
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