Victory Capital Management Inc. Has $58.70 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Victory Capital Management Inc. trimmed its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 1.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 238,150 shares of the railroad operator's stock after selling 2,484 shares during the quarter. Victory Capital Management Inc.'s holdings in Union Pacific were worth $58,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Aptus Capital Advisors LLC lifted its holdings in Union Pacific by 44.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 8,005 shares of the railroad operator's stock worth $1,973,000 after purchasing an additional 2,472 shares during the last quarter. Commonwealth Retirement Investments LLC lifted its holdings in Union Pacific by 0.9% in the 3rd quarter. Commonwealth Retirement Investments LLC now owns 10,786 shares of the railroad operator's stock worth $2,659,000 after purchasing an additional 98 shares during the last quarter. Savvy Advisors Inc. lifted its holdings in Union Pacific by 34.4% in the 3rd quarter. Savvy Advisors Inc. now owns 1,811 shares of the railroad operator's stock worth $446,000 after purchasing an additional 464 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in Union Pacific by 2.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 22,087 shares of the railroad operator's stock worth $5,444,000 after purchasing an additional 428 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Union Pacific by 1.3% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,361,551 shares of the railroad operator's stock worth $335,595,000 after buying an additional 17,424 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on UNP. Robert W. Baird dropped their price target on Union Pacific from $270.00 to $260.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Evercore ISI downgraded Union Pacific from an "outperform" rating to an "inline" rating and dropped their price target for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Barclays lifted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research report on Wednesday. Sanford C. Bernstein lowered their price objective on Union Pacific from $277.00 to $272.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 9th. Finally, Daiwa America lowered Union Pacific from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, September 4th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $259.80.

Union Pacific Trading Up 0.1 %

UNP traded up $0.20 during midday trading on Friday, reaching $235.78. 997,381 shares of the company were exchanged, compared to its average volume of 2,309,970. 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 one year low of $216.79 and a one year high of $258.66. The stock has a market capitalization of $142.94 billion, a P/E ratio of 21.78, a PEG ratio of 2.38 and a beta of 1.06. The stock's 50-day simple moving average is $242.14 and its 200 day simple moving average is $238.62.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $2.51 EPS. As a group, analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

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.