OneDigital Investment Advisors LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 15.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,088 shares of the railroad operator's stock after selling 2,368 shares during the period. OneDigital Investment Advisors LLC's holdings in Union Pacific were worth $3,226,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in shares of Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock valued at $1,880,701,000 after buying an additional 106,996 shares in the last quarter. Capital Research Global Investors boosted its position in Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator's stock worth $1,812,689,000 after purchasing an additional 518,985 shares during the period. Legal & General Group Plc raised its holdings in Union Pacific by 2.1% in the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator's stock worth $1,350,924,000 after acquiring an additional 124,571 shares during the period. Clearbridge Investments LLC lifted its position in shares of Union Pacific by 5.7% during the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator's stock worth $1,081,348,000 after purchasing an additional 237,083 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its position in shares of Union Pacific by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator's stock valued at $954,530,000 after acquiring an additional 322,129 shares during the period. 80.38% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on UNP shares. Bank of America decreased their price objective on Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a report on Tuesday, September 24th. TD Cowen lowered their price objective on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company in a research report on Friday, October 25th. Stifel Nicolaus decreased their price target on Union Pacific from $265.00 to $262.00 and set a "buy" rating on the stock in a report on Friday, October 25th. Citigroup lifted their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a report on Tuesday, November 12th. Finally, BMO Capital Markets cut their price target on shares of Union Pacific from $280.00 to $275.00 and set an "outperform" rating on the stock in a research report on Friday, September 20th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and an average target price of $259.80.
Check Out Our Latest Stock Analysis on Union Pacific
Union Pacific Stock Down 0.0 %
UNP traded down $0.01 during midday trading on Friday, hitting $235.57. 2,068,472 shares of the company's stock traded hands, compared to its average volume of 2,807,275. The stock's fifty day simple moving average is $241.86 and its 200-day simple moving average is $238.59. 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 Co. has a one year low of $216.79 and a one year high of $258.66. The company has a market cap of $142.82 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $6.14 billion. During the same quarter last year, the company earned $2.51 earnings per share. The firm's revenue was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.
Union Pacific Profile
(
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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