Aigen Investment Management LP Sells 10,107 Shares of Union Pacific Co. (NYSE:UNP)

Aigen Investment Management LP lessened its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 87.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,405 shares of the railroad operator's stock after selling 10,107 shares during the quarter. Aigen Investment Management LP's holdings in Union Pacific were worth $346,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Marshall Wace LLP raised its holdings in Union Pacific by 272.3% in the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator's stock valued at $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. Capital World Investors lifted its position in 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 purchasing an additional 1,073,625 shares during the period. International Assets Investment Management LLC grew its stake in Union Pacific by 19,878.6% during the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator's stock worth $220,856,000 after buying an additional 891,555 shares in the last quarter. Impax Asset Management Group plc increased its holdings in Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator's stock valued at $134,636,000 after buying an additional 520,536 shares during the period. Finally, Capital Research Global Investors raised its position in shares of 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 in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on UNP shares. Citigroup increased their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research report on Tuesday. StockNews.com downgraded Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. 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. TD Cowen reduced their price objective on Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research note on Friday, October 25th. Finally, Daiwa America downgraded Union Pacific from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, September 4th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $259.80.

Union Pacific Trading Down 0.0 %

Shares of UNP traded down $0.01 during mid-day trading on Friday, reaching $235.57. 2,068,472 shares of the company were exchanged, compared to its average volume of 2,314,945. The stock has a market capitalization of $142.82 billion, a PE ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06. The business has a 50 day simple moving average of $241.86 and a two-hundred day simple moving average of $238.58. 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 Co. has a 52 week low of $216.79 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data 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 company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.51 earnings per share. On average, analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal 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.