Canal Capital Management LLC Invests $214,000 in Union Pacific Co. (NYSE:UNP)

Canal Capital Management LLC acquired a new stake in shares of Union Pacific Co. (NYSE:UNP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 869 shares of the railroad operator’s stock, valued at approximately $214,000.

Several other large investors also recently bought and sold shares of UNP. Richardson Capital Management LLC purchased a new stake in shares of Union Pacific during the 1st quarter valued at about $26,000. Cultivar Capital Inc. bought a new position in Union Pacific during the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the second quarter valued at approximately $28,000. Tributary Capital Management LLC purchased a new stake in Union Pacific in the first quarter worth approximately $30,000. Finally, Financial Gravity Asset Management Inc. grew its position in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after purchasing an additional 130 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.28% of the stock is owned by company insiders.

Union Pacific Trading Up 0.1 %

Union Pacific stock opened at $231.00 on Friday. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66. The firm’s 50 day moving average price is $246.57 and its 200-day moving average price is $238.60. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The stock has a market cap of $140.73 billion, a P/E ratio of 21.67, a PEG ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 earnings per share. The business’s revenue was up 2.5% on a year-over-year basis. On average, equities analysts predict that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on UNP. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Susquehanna increased their target price on Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Raymond James boosted their target price on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Finally, Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday. 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $259.75.

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.