Pathstone Holdings LLC Increases Holdings in Union Pacific Co. (NYSE:UNP)

Pathstone Holdings LLC increased its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 2.1% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 121,224 shares of the railroad operator's stock after buying an additional 2,448 shares during the quarter. Pathstone Holdings LLC's holdings in Union Pacific were worth $29,879,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of UNP. Lindenwold Advisors INC grew its stake in shares of Union Pacific by 0.8% in the third quarter. Lindenwold Advisors INC now owns 12,853 shares of the railroad operator's stock worth $3,168,000 after acquiring an additional 97 shares during the period. Baron Wealth Management LLC boosted its holdings in Union Pacific by 4.6% in the third quarter. Baron Wealth Management LLC now owns 1,364 shares of the railroad operator's stock worth $336,000 after purchasing an additional 60 shares during the last quarter. New England Asset Management Inc. bought a new stake in Union Pacific in the 3rd quarter worth approximately $4,387,000. Meeder Advisory Services Inc. raised its stake in Union Pacific by 1.2% during the 3rd quarter. Meeder Advisory Services Inc. now owns 11,099 shares of the railroad operator's stock valued at $2,736,000 after buying an additional 131 shares during the last quarter. Finally, Drive Wealth Management LLC lifted its holdings in shares of Union Pacific by 2.9% during the 3rd quarter. Drive Wealth Management LLC now owns 2,749 shares of the railroad operator's stock valued at $678,000 after buying an additional 77 shares during the period. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of NYSE:UNP traded down $1.12 during midday trading on Tuesday, reaching $233.29. 1,666,933 shares of the company were exchanged, compared to its average volume of 2,308,451. The stock has a market cap of $141.43 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The business's fifty day moving average is $241.14 and its two-hundred day moving average is $238.55. Union Pacific Co. has a one year low of $216.92 and a one year high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP - Get Free Report) last released 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 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 earned $2.51 EPS. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. As a group, analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. BMO Capital Markets lowered their target price on Union Pacific from $280.00 to $275.00 and set an "outperform" rating on the stock in a report on Friday, September 20th. TD Cowen cut their target price 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. Benchmark reaffirmed a "buy" rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. StockNews.com cut shares of Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, October 1st. Finally, Royal Bank of Canada reduced their price objective on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $259.80.

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.