Intech Investment Management LLC Lowers Stock Holdings in Union Pacific Co. (NYSE:UNP)

Intech Investment Management LLC trimmed its position in Union Pacific Co. (NYSE:UNP - Free Report) by 33.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,910 shares of the railroad operator's stock after selling 14,959 shares during the quarter. Intech Investment Management LLC's holdings in Union Pacific were worth $7,372,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in UNP. Edgestream Partners L.P. purchased a new stake in shares of Union Pacific in the 1st quarter worth $217,000. EntryPoint Capital LLC purchased a new stake in shares of Union Pacific in the 1st quarter worth $97,000. Capital International Sarl purchased a new stake in shares of Union Pacific in the 1st quarter worth $351,000. LRI Investments LLC bought a new position in shares of Union Pacific in the 1st quarter worth $189,000. Finally, Epoch Investment Partners Inc. raised its position in shares of Union Pacific by 9.3% in the 1st quarter. Epoch Investment Partners Inc. now owns 690,257 shares of the railroad operator's stock worth $169,755,000 after acquiring an additional 58,704 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on UNP shares. Barclays boosted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. Royal Bank of Canada reduced their price target on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. StockNews.com lowered Union Pacific from a "buy" rating to a "hold" rating in a research report on Tuesday, October 1st. Finally, Citigroup upped 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, November 12th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Stock Performance

Shares of UNP stock traded up $3.37 during mid-day trading on Friday, reaching $242.39. The stock had a trading volume of 2,662,933 shares, compared to its average volume of 2,310,162. Union Pacific Co. has a 1-year low of $218.55 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 market cap of $146.95 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 2.31 and a beta of 1.06. The business's fifty day moving average is $240.67 and its 200-day moving average is $238.52.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 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. On average, research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current 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.