Los Angeles Capital Management LLC Has $14.38 Million Holdings in Union Pacific Co. (NYSE:UNP)

Los Angeles Capital Management LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 12.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,345 shares of the railroad operator's stock after buying an additional 6,235 shares during the period. Los Angeles Capital Management LLC's holdings in Union Pacific were worth $14,381,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Shellback Capital LP boosted its holdings in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator's stock worth $4,525,000 after acquiring an additional 4,400 shares during the last quarter. Peoples Bank KS purchased a new stake in Union Pacific in the third quarter worth approximately $834,000. Maj Invest Holding A S boosted its stake in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator's stock valued at $166,645,000 after purchasing an additional 2,202 shares during the period. M&G Plc purchased a new stake in Union Pacific in the first quarter worth $10,378,000. Finally, Radnor Capital Management LLC bought a new position in Union Pacific in the third quarter worth $2,923,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 1.3 %

UNP traded down $3.09 during trading on Tuesday, reaching $238.86. 1,024,226 shares of the stock traded hands, compared to its average volume of 2,306,761. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The stock's 50-day simple moving average is $243.09 and its two-hundred day simple moving average is $238.66. The stock has a market cap of $144.81 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 2.39 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the firm posted $2.51 earnings per share. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities research analysts expect that Union Pacific Co. will post 10.94 EPS for the current year.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. Wells Fargo & Company reduced their price target on Union Pacific from $270.00 to $255.00 and set an "overweight" rating for the company in a report on Friday, October 25th. Evercore ISI downgraded Union Pacific from an "outperform" rating to an "inline" rating and reduced their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Bank of America dropped their price objective on Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a report on Tuesday, September 24th. 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. Finally, Raymond James upped their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the company a "strong-buy" rating in a report on Monday, October 14th. Nine investment 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, Union Pacific presently has a consensus rating of "Moderate Buy" and a consensus target price of $259.15.

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.