MQS Management LLC Buys New Stake in Union Pacific Co. (NYSE:UNP)

MQS Management LLC bought a new stake in Union Pacific Co. (NYSE:UNP - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,570 shares of the railroad operator's stock, valued at approximately $1,126,000. Union Pacific makes up 0.6% of MQS Management LLC's portfolio, making the stock its 9th largest holding.

Several other institutional investors have also recently bought and sold shares of the company. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific during the 2nd quarter worth $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific during the 2nd 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 buying an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter valued at $30,000. Finally, Fairscale Capital LLC purchased a new position in shares of Union Pacific during the 2nd quarter valued at $31,000. Institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Benchmark reissued a "buy" rating and set a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the stock a "strong-buy" rating in a research note on Monday, October 14th. StockNews.com lowered Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, October 1st. Sanford C. Bernstein decreased their target price on Union Pacific from $277.00 to $272.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 9th. Finally, Susquehanna reduced their price objective on Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $259.80.

Union Pacific Stock Up 0.6 %

Shares of UNP traded up $1.50 during midday trading on Wednesday, hitting $240.41. 2,459,240 shares of the company's stock traded hands, compared to its average volume of 2,313,539. Union Pacific Co. has a 1 year low of $212.47 and a 1 year high of $258.66. The firm's fifty day moving average is $242.77 and its 200-day moving average is $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. The stock has a market capitalization of $145.75 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.51 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.