Everett Harris & Co. CA Has $13.09 Million Holdings in Union Pacific Co. (NYSE:UNP)

Everett Harris & Co. CA raised its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 11.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,101 shares of the railroad operator's stock after purchasing an additional 5,309 shares during the quarter. Everett Harris & Co. CA's holdings in Union Pacific were worth $13,088,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of UNP. Key Client Fiduciary Advisors LLC acquired a new position in shares of Union Pacific in the 3rd quarter worth approximately $203,000. Raymond James & Associates lifted its position in Union Pacific by 2.1% during the 3rd quarter. Raymond James & Associates now owns 2,767,216 shares of the railroad operator's stock worth $682,063,000 after buying an additional 57,652 shares in the last quarter. Slow Capital Inc. grew its holdings in Union Pacific by 4.7% during the 3rd quarter. Slow Capital Inc. now owns 11,468 shares of the railroad operator's stock worth $2,827,000 after acquiring an additional 513 shares during the last quarter. NovaPoint Capital LLC increased its position in Union Pacific by 1.0% in the 3rd quarter. NovaPoint Capital LLC now owns 17,795 shares of the railroad operator's stock valued at $4,386,000 after acquiring an additional 172 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Union Pacific by 50.9% in the third quarter. Blue Trust Inc. now owns 8,121 shares of the railroad operator's stock valued at $1,837,000 after purchasing an additional 2,740 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the company's stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.28% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

UNP has been the topic of a number of recent research reports. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 9th. Evercore ISI cut Union Pacific from an "outperform" rating to an "inline" rating and dropped their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Raymond James lifted their price target on shares of Union Pacific from $265.00 to $275.00 and gave the stock a "strong-buy" rating in a research report on Monday, October 14th. Barclays reduced their price objective on shares of Union Pacific from $290.00 to $280.00 and set an "overweight" rating on the stock in a research note on Friday, July 26th. Finally, Daiwa America cut shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, September 4th. Nine 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 data from MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and an average target price of $259.25.

Union Pacific Stock Up 1.0 %

Union Pacific stock traded up $2.38 during midday trading on Friday, reaching $244.10. The stock had a trading volume of 2,866,129 shares, compared to its average volume of 2,270,152. Union Pacific Co. has a 1-year low of $199.97 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The firm's fifty day simple moving average is $246.41 and its 200-day simple moving average is $238.64. The stock has a market capitalization of $148.93 billion, a P/E ratio of 23.29, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion during the quarter, compared to analysts' expectations of $6.05 billion. During the same quarter in the prior year, the company posted $2.57 earnings per share. The firm's revenue was up .7% on a year-over-year basis. As a group, analysts expect that Union Pacific Co. will post 11.07 EPS for the current fiscal 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.