Natixis Advisors LLC decreased its position in Union Pacific Co. (NYSE:UNP - Free Report) by 16.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 556,183 shares of the railroad operator's stock after selling 108,248 shares during the period. Natixis Advisors LLC owned 0.09% of Union Pacific worth $137,088,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently modified their holdings of UNP. Nicollet Investment Management Inc. lifted its holdings in Union Pacific by 0.8% during the third quarter. Nicollet Investment Management Inc. now owns 20,510 shares of the railroad operator's stock worth $5,055,000 after acquiring an additional 158 shares during the period. Coastline Trust Co increased its position in shares of Union Pacific by 3.9% during the 3rd quarter. Coastline Trust Co now owns 8,137 shares of the railroad operator's stock valued at $2,006,000 after purchasing an additional 304 shares during the last quarter. Birchcreek Wealth Management LLC raised its stake in shares of Union Pacific by 4.1% during the 3rd quarter. Birchcreek Wealth Management LLC now owns 1,672 shares of the railroad operator's stock worth $412,000 after purchasing an additional 66 shares during the period. Empowered Funds LLC boosted its holdings in shares of Union Pacific by 5.7% in the 3rd quarter. Empowered Funds LLC now owns 35,978 shares of the railroad operator's stock worth $8,868,000 after buying an additional 1,933 shares during the last quarter. Finally, Empirical Finance LLC grew its position in Union Pacific by 2.0% during the third quarter. Empirical Finance LLC now owns 21,408 shares of the railroad operator's stock valued at $5,277,000 after buying an additional 414 shares during the period. Institutional investors own 80.38% of the company's stock.
Analyst Ratings Changes
Several analysts have commented on the stock. Royal Bank of Canada lowered their price objective on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Daiwa America lowered Union Pacific from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Robert W. Baird lowered their target price on Union Pacific from $270.00 to $260.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Finally, Benchmark reiterated a "buy" rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Nine 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $259.80.
Check Out Our Latest Research Report on Union Pacific
Union Pacific Price Performance
Union Pacific stock traded down $0.01 during midday trading on Friday, hitting $235.57. 2,068,472 shares of the company's stock were exchanged, compared to its average volume of 2,314,945. The company has a market cap of $142.82 billion, a P/E ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a 50-day moving average price of $241.86 and a two-hundred day moving average price of $238.58. Union Pacific Co. has a 52-week low of $216.79 and a 52-week high of $258.66.
Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data 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 return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. During the same period in the previous year, the firm posted $2.51 EPS. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.
Union Pacific 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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