Union Pacific Co. (NYSE:UNP) Stock Holdings Trimmed by Horrell Capital Management Inc.

Horrell Capital Management Inc. lessened its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 10.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,605 shares of the railroad operator's stock after selling 8,582 shares during the period. Union Pacific makes up about 5.6% of Horrell Capital Management Inc.'s portfolio, making the stock its 2nd biggest holding. Horrell Capital Management Inc.'s holdings in Union Pacific were worth $18,882,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cultivar Capital Inc. acquired a new position in shares of Union Pacific in the 2nd quarter valued at $27,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific in the 2nd quarter valued at $28,000. Tributary Capital Management LLC acquired a new position in shares of Union Pacific in the 1st quarter valued at $30,000. Financial Gravity Asset Management Inc. increased its position in shares of Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator's stock valued at $30,000 after acquiring an additional 130 shares during the period. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific in the 2nd quarter valued at $31,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Union Pacific stock traded up $0.07 during midday trading on Tuesday, reaching $232.05. The company had a trading volume of 3,682,091 shares, compared to its average volume of 2,289,002. The company has a market capitalization of $140.68 billion, a P/E ratio of 21.30, a P/E/G ratio of 2.26 and a beta of 1.05. Union Pacific Co. has a 12-month low of $202.41 and a 12-month high of $258.66. The firm's fifty day simple moving average is $245.74 and its 200-day simple moving average is $238.44. 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 issued its quarterly earnings results 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 during the quarter, compared to analysts' expectations of $6.14 billion. During the same period in the prior year, the business posted $2.51 earnings per share. The company's quarterly revenue was up 2.5% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific Co. will post 11.02 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Evercore ISI downgraded Union Pacific from an "outperform" rating to an "inline" rating and cut their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. BMO Capital Markets cut their price target on Union Pacific from $280.00 to $275.00 and set an "outperform" rating on the stock in a research report on Friday, September 20th. Barclays cut their price target on Union Pacific from $280.00 to $275.00 and set an "overweight" rating on the stock in a research report on Friday. JPMorgan Chase & Co. cut their price target on Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research report on Friday. Finally, Stifel Nicolaus cut their price target on Union Pacific from $265.00 to $262.00 and set a "buy" rating on the stock in a research report on Friday. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $259.15.

Union Pacific Company 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.