Prime Capital Investment Advisors LLC Sells 2,801 Shares of Union Pacific Co. (NYSE:UNP)

Prime Capital Investment Advisors LLC cut its position in Union Pacific Co. (NYSE:UNP - Free Report) by 13.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,999 shares of the railroad operator's stock after selling 2,801 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in Union Pacific were worth $4,436,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in UNP. Shellback Capital LP raised its holdings in shares of Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator's stock worth $4,525,000 after buying an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new position in shares of Union Pacific during the 3rd quarter worth $834,000. Maj Invest Holding A S raised its holdings in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator's stock worth $166,645,000 after buying an additional 2,202 shares in the last quarter. M&G Plc acquired a new position in shares of Union Pacific during the 1st quarter worth $10,378,000. Finally, Radnor Capital Management LLC acquired a new position in shares of Union Pacific during the 3rd quarter worth $2,923,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Up 0.6 %

Shares of Union Pacific stock traded up $1.43 on Wednesday, hitting $240.34. The company had a trading volume of 2,563,860 shares, compared to its average volume of 2,314,014. The stock has a market capitalization of $145.71 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 2.36 and a beta of 1.06. Union Pacific Co. has a 1 year low of $212.47 and a 1 year high of $258.66. The stock has a 50 day moving average of $242.77 and a 200-day moving average of $238.63. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a report on Friday, October 25th. BMO Capital Markets lowered their price target on Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a report on Friday, September 20th. Wells Fargo & Company lowered their target price on Union Pacific from $270.00 to $255.00 and set an "overweight" rating for the company in a report on Friday, October 25th. TD Cowen lowered their target price on Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company in a report on Friday, October 25th. Finally, Stifel Nicolaus lowered their target price on Union Pacific from $265.00 to $262.00 and set a "buy" rating for the company in a report 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 company's stock. According to data from MarketBeat, Union Pacific 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.