Union Pacific Co. (NYSE:UNP) Shares Purchased by Probity Advisors Inc.

Probity Advisors Inc. raised its position in shares of Union Pacific Co. (NYSE:UNP) by 2.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,602 shares of the railroad operator’s stock after purchasing an additional 63 shares during the period. Probity Advisors Inc.’s holdings in Union Pacific were worth $641,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UNP. Scarborough Advisors LLC bought a new stake in shares of Union Pacific during the 4th quarter worth about $29,000. Farmers Trust Co. raised its holdings in shares of Union Pacific by 30.3% in the 1st quarter. Farmers Trust Co. now owns 1,532 shares of the railroad operator’s stock worth $377,000 after purchasing an additional 356 shares in the last quarter. Alaska Permanent Fund Corp raised its holdings in shares of Union Pacific by 1.1% in the 1st quarter. Alaska Permanent Fund Corp now owns 15,335 shares of the railroad operator’s stock worth $3,771,000 after purchasing an additional 160 shares in the last quarter. Perpetual Ltd raised its holdings in shares of Union Pacific by 92.9% in the 1st quarter. Perpetual Ltd now owns 8,962 shares of the railroad operator’s stock worth $2,204,000 after purchasing an additional 4,316 shares in the last quarter. Finally, Banque Cantonale Vaudoise raised its holdings in shares of Union Pacific by 55.0% in the 1st quarter. Banque Cantonale Vaudoise now owns 22,894 shares of the railroad operator’s stock worth $5,630,000 after purchasing an additional 8,119 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

UNP stock opened at $245.00 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The company has a market capitalization of $149.25 billion, a price-to-earnings ratio of 23.30, a P/E/G ratio of 2.27 and a beta of 1.05. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66. The firm has a 50 day moving average of $246.25 and a two-hundred day moving average of $238.61.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.57 earnings per share. As a group, equities analysts anticipate that Union Pacific Co. will post 11.07 EPS for the current fiscal year.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UNP. Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Susquehanna boosted their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Raymond James boosted their target price on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Finally, Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Nine investment 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 company’s stock. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $259.25.

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.