Thrivent Financial for Lutherans Has $29.13 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Thrivent Financial for Lutherans reduced its position in Union Pacific Co. (NYSE:UNP - Free Report) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,194 shares of the railroad operator's stock after selling 2,200 shares during the period. Thrivent Financial for Lutherans' holdings in Union Pacific were worth $29,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Claro Advisors LLC raised its stake in Union Pacific by 87.1% in the 3rd quarter. Claro Advisors LLC now owns 2,161 shares of the railroad operator's stock valued at $533,000 after purchasing an additional 1,006 shares during the last quarter. Concord Asset Management LLC VA grew its position in shares of Union Pacific by 11.4% during the third quarter. Concord Asset Management LLC VA now owns 13,212 shares of the railroad operator's stock worth $3,257,000 after buying an additional 1,353 shares in the last quarter. Peterson Financial Group Inc. acquired a new position in shares of Union Pacific during the third quarter worth $32,000. Tower Bridge Advisors increased its stake in Union Pacific by 5.3% in the third quarter. Tower Bridge Advisors now owns 21,189 shares of the railroad operator's stock valued at $5,223,000 after purchasing an additional 1,075 shares during the last quarter. Finally, Adero Partners LLC acquired a new position in Union Pacific in the third quarter valued at $233,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Stock Performance

Union Pacific stock traded up $0.26 during mid-day trading on Wednesday, reaching $233.55. The company had a trading volume of 766,480 shares, compared to its average volume of 2,301,599. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market cap of $141.59 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 2.33 and a beta of 1.06. The company has a 50 day moving average of $241.14 and a 200-day moving average of $238.55.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS 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 firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 EPS. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. On average, sell-side analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Ratings Changes

UNP has been the topic of a number of recent analyst reports. Barclays boosted their price target 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. Daiwa America downgraded Union Pacific from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, September 4th. Sanford C. Bernstein lowered their target price on shares of Union Pacific from $277.00 to $272.00 and set an "outperform" rating for the company in a research note on Wednesday, October 9th. TD Cowen reduced their target price on Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a report on Friday, October 25th. Finally, Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a report on Friday, October 25th. Nine research 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 company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific 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.