Saturna Capital Corp Sells 26,743 Shares of Union Pacific Co. (NYSE:UNP)

Saturna Capital Corp cut its position in Union Pacific Co. (NYSE:UNP - Free Report) by 7.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 318,853 shares of the railroad operator's stock after selling 26,743 shares during the period. Saturna Capital Corp owned approximately 0.05% of Union Pacific worth $78,591,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cultivar Capital Inc. bought a new stake in shares of Union Pacific in the second quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. raised its stake in 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 buying an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific during the 3rd quarter valued at $30,000. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific during the second quarter valued at $31,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of NYSE:UNP traded up $1.43 during mid-day trading on Wednesday, reaching $240.34. The stock had a trading volume of 2,563,860 shares, compared to its average volume of 2,314,014. The business's 50 day moving average price is $242.77 and its 200 day moving average price is $238.63. Union Pacific Co. has a 1 year low of $212.47 and a 1 year high of $258.66. The company has a market cap of $145.71 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 2.36 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.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. During the same period last year, the company earned $2.51 earnings per share. The firm's revenue was up 2.5% on a year-over-year basis. Research analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on UNP shares. Sanford C. Bernstein cut their price target on Union Pacific from $277.00 to $272.00 and set an "outperform" rating for the company in a research note on Wednesday, October 9th. Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a report on Friday, October 25th. TD Cowen reduced their target price on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company 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, Raymond James upped their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a "strong-buy" rating in a research note on Monday, October 14th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price 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.