Union Pacific Co. (NYSE:UNP) Stock Holdings Trimmed by Global Trust Asset Management LLC

Global Trust Asset Management LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.3% during the 3rd quarter, Holdings Channel reports. The fund owned 6,582 shares of the railroad operator’s stock after selling 155 shares during the period. Global Trust Asset Management LLC’s holdings in Union Pacific were worth $1,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas bought a new stake in shares of Union Pacific in the 1st quarter worth $1,088,000. Envestnet Portfolio Solutions Inc. raised its stake in shares of Union Pacific by 19.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock worth $31,078,000 after buying an additional 20,173 shares in the last quarter. Shellback Capital LP raised its stake in shares of Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after buying an additional 4,400 shares in the last quarter. Peoples Bank KS bought a new stake in shares of Union Pacific in the 3rd quarter worth $834,000. Finally, Maj Invest Holding A S raised its stake in shares of Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after buying an additional 2,202 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $230.75 on Friday. Union Pacific Co. has a 1-year low of $199.97 and a 1-year high of $258.66. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The company has a market capitalization of $140.57 billion, a price-to-earnings ratio of 21.67, a P/E/G ratio of 2.23 and a beta of 1.05. The stock’s fifty day simple moving average is $246.57 and its 200-day simple moving average is $238.60.

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

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of a number of research reports. Citigroup initiated coverage on Union Pacific in a research note on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price objective on the stock. Benchmark reissued a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. BMO Capital Markets decreased their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Barclays decreased their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Finally, Stifel Nicolaus decreased their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Nine equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $260.53.

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.