Mutual of America Capital Management LLC lessened its position in Union Pacific Co. (NYSE:UNP - Free Report) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,788 shares of the railroad operator's stock after selling 2,559 shares during the period. Mutual of America Capital Management LLC's holdings in Union Pacific were worth $21,145,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of UNP. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the second quarter valued at approximately $28,000. Cultivar Capital Inc. bought a new stake in Union Pacific in the 2nd quarter valued at $27,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. boosted its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock worth $32,000 after purchasing an additional 93 shares during the period. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific in the second quarter valued at $31,000. Institutional investors own 80.38% of the company's stock.
Analyst Ratings Changes
A number of analysts have recently issued reports on UNP shares. Sanford C. Bernstein cut their target price on shares of Union Pacific from $277.00 to $272.00 and set an "outperform" rating for the company in a research note on Wednesday, October 9th. Susquehanna cut their price objective on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. StockNews.com downgraded Union Pacific from a "buy" rating to a "hold" rating in a research report on Tuesday, October 1st. Stifel Nicolaus dropped their price target on Union Pacific from $265.00 to $262.00 and set a "buy" rating for the company in a report on Friday, October 25th. Finally, Wells Fargo & Company decreased their price objective on Union Pacific from $270.00 to $255.00 and set an "overweight" rating on the stock in a 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 given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.80.
View Our Latest Report on Union Pacific
Union Pacific Price Performance
NYSE UNP traded down $0.01 on Friday, hitting $235.57. 2,068,472 shares of the company's stock were exchanged, compared to its average volume of 2,807,275. Union Pacific Co. has a 52 week low of $216.79 and a 52 week high of $258.66. The stock has a 50-day moving average of $241.86 and a 200-day moving average of $238.59. 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 cap of $142.82 billion, a price-to-earnings ratio of 21.63, a P/E/G ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business's revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.51 EPS. Analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.
Union Pacific Company Profile
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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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