WCM Investment Management LLC Raises Holdings in Union Pacific Co. (NYSE:UNP)

WCM Investment Management LLC grew its position in Union Pacific Co. (NYSE:UNP - Free Report) by 326.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,870 shares of the railroad operator's stock after purchasing an additional 4,494 shares during the period. WCM Investment Management LLC's holdings in Union Pacific were worth $1,433,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Nations Financial Group Inc. IA ADV grew its holdings in Union Pacific by 42.0% during the third quarter. Nations Financial Group Inc. IA ADV now owns 5,149 shares of the railroad operator's stock worth $1,269,000 after acquiring an additional 1,522 shares during the period. Versor Investments LP acquired a new stake in Union Pacific during the third quarter worth about $1,457,000. Jaffetilchin Investment Partners LLC grew its holdings in Union Pacific by 9.7% during the third quarter. Jaffetilchin Investment Partners LLC now owns 11,959 shares of the railroad operator's stock worth $2,948,000 after acquiring an additional 1,053 shares during the period. Jag Capital Management LLC boosted its position in Union Pacific by 2.2% during the third quarter. Jag Capital Management LLC now owns 13,362 shares of the railroad operator's stock worth $3,293,000 after purchasing an additional 285 shares in the last quarter. Finally, Addison Advisors LLC boosted its position in Union Pacific by 15.3% during the third quarter. Addison Advisors LLC now owns 2,079 shares of the railroad operator's stock worth $512,000 after purchasing an additional 276 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UNP. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research report on Tuesday, September 24th. Sanford C. Bernstein cut their price target on Union Pacific from $277.00 to $272.00 and set an "outperform" rating for the company in a report on Wednesday, October 9th. Barclays lifted their target price on Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research report on Wednesday. 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 research report on Friday, October 25th. Finally, Benchmark restated a "buy" rating and issued a $266.00 target price on shares of Union Pacific in a research 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 given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Stock Up 0.3 %

Shares of NYSE:UNP traded up $0.64 on Wednesday, hitting $239.55. 991,080 shares of the company's stock were exchanged, compared to its average volume of 2,306,865. The company has a market capitalization of $145.23 billion, a PE ratio of 22.04, a P/E/G ratio of 2.36 and a beta of 1.06. 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 1-year low of $212.47 and a 1-year high of $258.66. The firm's 50-day moving average is $242.77 and its 200 day moving average is $238.63.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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 firm had revenue of $6.09 billion during the quarter, compared to analyst estimates 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 for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $2.51 earnings per share. Sell-side analysts predict that Union Pacific Co. will post 10.94 EPS for the current 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.