Advisors Asset Management Inc. Has $11.76 Million Holdings in Union Pacific Co. (NYSE:UNP)

Advisors Asset Management Inc. raised its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 13.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,722 shares of the railroad operator's stock after buying an additional 5,605 shares during the period. Advisors Asset Management Inc.'s holdings in Union Pacific were worth $11,763,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in UNP. Ameriprise Financial Inc. boosted its position in Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock worth $1,880,701,000 after purchasing an additional 106,996 shares during the period. Capital Research Global Investors grew its stake in Union Pacific by 7.6% in the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator's stock valued at $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Legal & General Group Plc raised its holdings in Union Pacific by 2.1% in the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator's stock valued at $1,350,924,000 after acquiring an additional 124,571 shares during the period. Canada Pension Plan Investment Board lifted its position in Union Pacific by 8.3% during the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator's stock worth $954,530,000 after acquiring an additional 322,129 shares during the last quarter. Finally, Capital World Investors boosted its holdings in shares of Union Pacific by 35.3% during the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator's stock worth $1,012,857,000 after acquiring an additional 1,073,625 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. Wells Fargo & Company dropped their price target on Union Pacific from $270.00 to $255.00 and set an "overweight" rating for the company in a report on Friday, October 25th. Royal Bank of Canada dropped their target price on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Bank of America decreased their price target on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research note on Tuesday, September 24th. Citigroup lifted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 12th. Finally, StockNews.com lowered shares of Union Pacific from a "buy" rating to a "hold" rating in a research report on Tuesday, October 1st. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Price Performance

NYSE:UNP traded up $0.27 on Wednesday, hitting $233.56. The company had a trading volume of 1,157,100 shares, compared to its average volume of 2,303,335. Union Pacific Co. has a 52 week low of $218.55 and a 52 week 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 stock has a market capitalization of $141.60 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 2.33 and a beta of 1.06. The firm has a 50 day moving average of $241.14 and a two-hundred day moving average of $238.55.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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). The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm's revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.51 earnings per share. On average, research analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.