6,040 Shares in Union Pacific Co. (NYSE:UNP) Purchased by Kennebec Savings Bank

Kennebec Savings Bank acquired a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,040 shares of the railroad operator's stock, valued at approximately $1,489,000. Union Pacific makes up 1.5% of Kennebec Savings Bank's investment portfolio, making the stock its 15th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Cultivar Capital Inc. acquired a new position in shares of Union Pacific in the 2nd quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter valued at $28,000. Financial Gravity Asset Management Inc. lifted its position in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator's stock valued at $30,000 after acquiring an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter worth approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in Union Pacific in the 2nd quarter valued at approximately $31,000. Institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on UNP shares. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. BMO Capital Markets cut their price target on Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a research note on Friday, September 20th. StockNews.com cut Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, October 1st. Citigroup assumed coverage on Union Pacific in a report on Wednesday, October 9th. They set a "neutral" rating and a $264.00 price objective on the stock. Finally, Evercore ISI lowered Union Pacific from an "outperform" rating to an "inline" rating and reduced their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine investment 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. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $259.15.

Union Pacific Price Performance

NYSE:UNP traded up $0.46 during mid-day trading on Monday, hitting $241.95. The company's stock had a trading volume of 2,803,602 shares, compared to its average volume of 2,312,645. The company has a market capitalization of $146.68 billion, a price-to-earnings ratio of 22.22, a P/E/G ratio of 2.39 and a beta of 1.06. 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 fifty-two week low of $208.14 and a fifty-two week high of $258.66. The stock has a fifty day moving average of $243.38 and a 200-day moving average of $238.67.

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

Union Pacific Company 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.