Daiwa Securities Group Inc. Buys 6,168 Shares of Union Pacific Co. (NYSE:UNP)

Daiwa Securities Group Inc. increased its position in Union Pacific Co. (NYSE:UNP - Free Report) by 8.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 77,524 shares of the railroad operator's stock after purchasing an additional 6,168 shares during the period. Daiwa Securities Group Inc.'s holdings in Union Pacific were worth $19,108,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific during the second quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter valued at $28,000. Financial Gravity Asset Management Inc. grew 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 valued at $30,000 after acquiring an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter valued at $30,000. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific in the second quarter worth $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 2.8 %

Shares of UNP traded up $6.90 on Monday, reaching $249.29. 4,224,412 shares of the company's stock were exchanged, compared to its average volume of 2,318,556. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The stock has a market capitalization of $151.13 billion, a P/E ratio of 22.89, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The business has a 50 day moving average price of $240.47 and a two-hundred day moving average price of $238.48.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the previous year, the firm posted $2.51 earnings per share. Union Pacific's quarterly revenue was up 2.5% compared to the same quarter last year. Research analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

UNP has been the topic of several analyst reports. BMO Capital Markets dropped 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 note on Friday, September 20th. Bank of America lowered their target price on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research report on Tuesday, September 24th. Royal Bank of Canada decreased their price target 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. Susquehanna cut their price objective on Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Finally, Evercore ISI cut Union Pacific from an "outperform" rating to an "inline" rating and decreased their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Nine 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. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $259.80.

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.