Union Pacific Co. (NYSE:UNP) Stock Holdings Lessened by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lessened its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 35.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,376 shares of the railroad operator's stock after selling 14,221 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Union Pacific were worth $6,255,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cultivar Capital Inc. purchased a new stake in shares of Union Pacific in the second quarter valued at $27,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. lifted its holdings in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator's stock worth $30,000 after acquiring an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter worth approximately $30,000. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific in the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their price target on shares of Union Pacific from $270.00 to $255.00 and set an "overweight" rating on the stock in a report on Friday, October 25th. Barclays upped their price target on Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research note on Wednesday. StockNews.com lowered Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, October 1st. Citigroup increased their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, Robert W. Baird decreased their price objective on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Stock Down 0.1 %

UNP traded down $0.27 during trading on Friday, hitting $235.31. The company had a trading volume of 1,120,240 shares, compared to its average volume of 2,310,473. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market cap of $142.66 billion, a PE ratio of 21.78, a P/E/G ratio of 2.38 and a beta of 1.06. Union Pacific Co. has a 1-year low of $216.79 and a 1-year high of $258.66. The business has a 50-day moving average of $242.14 and a 200-day moving average of $238.62.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results 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 net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the company posted $2.51 earnings per share. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

About Union Pacific

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.