Wharton Business Group LLC Cuts Stake in Union Pacific Co. (NYSE:UNP)

Wharton Business Group LLC cut its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 30.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,466 shares of the railroad operator's stock after selling 12,700 shares during the quarter. Wharton Business Group LLC's holdings in Union Pacific were worth $7,016,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific in the 2nd quarter valued at about $28,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $27,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. lifted its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock valued at $32,000 after acquiring an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in Union Pacific in the second quarter valued at approximately $31,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on UNP shares. Citigroup upped their price objective on Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th. Daiwa America downgraded shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. reduced their price objective on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. BMO Capital Markets dropped their target price on shares of Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a report on Friday, September 20th. Finally, Barclays raised their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 13th. Nine 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $259.80.

Union Pacific Stock Down 0.5 %

NYSE UNP traded down $1.16 during mid-day trading on Monday, hitting $234.41. The company's stock had a trading volume of 1,401,197 shares, compared to its average volume of 2,310,847. The company's 50 day simple moving average is $241.86 and its 200 day simple moving average is $238.62. Union Pacific Co. has a twelve month low of $216.92 and a twelve month 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. The firm has a market capitalization of $142.11 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 2.33 and a beta of 1.06.

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 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 quarter last year, the business posted $2.51 earnings per share. Union Pacific's revenue was up 2.5% on a year-over-year basis. Analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.