MCF Advisors LLC Sells 265 Shares of Union Pacific Co. (NYSE:UNP)

MCF Advisors LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.8% during the third quarter, Holdings Channel reports. The firm owned 4,290 shares of the railroad operator’s stock after selling 265 shares during the period. MCF Advisors LLC’s holdings in Union Pacific were worth $1,057,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wealthcare Advisory Partners LLC lifted its position in shares of Union Pacific by 55.2% in the first quarter. Wealthcare Advisory Partners LLC now owns 3,366 shares of the railroad operator’s stock worth $828,000 after buying an additional 1,197 shares during the last quarter. Chemung Canal Trust Co. raised its stake in shares of Union Pacific by 32.7% in the 1st quarter. Chemung Canal Trust Co. now owns 35,110 shares of the railroad operator’s stock valued at $8,635,000 after acquiring an additional 8,661 shares in the last quarter. Vicus Capital lifted its holdings in Union Pacific by 175.5% in the 1st quarter. Vicus Capital now owns 2,466 shares of the railroad operator’s stock worth $607,000 after purchasing an additional 1,571 shares during the last quarter. Symphony Financial Ltd. Co. boosted its position in Union Pacific by 4.6% during the first quarter. Symphony Financial Ltd. Co. now owns 1,581 shares of the railroad operator’s stock worth $389,000 after purchasing an additional 69 shares during the period. Finally, Founders Financial Securities LLC boosted its position in Union Pacific by 6.7% during the first quarter. Founders Financial Securities LLC now owns 8,306 shares of the railroad operator’s stock worth $2,043,000 after purchasing an additional 520 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of the firm’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. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is owned by corporate insiders.

Union Pacific Price Performance

NYSE:UNP traded down $0.45 during mid-day trading on Friday, hitting $230.30. The company’s stock had a trading volume of 2,952,224 shares, compared to its average volume of 2,281,261. The company has a market capitalization of $140.30 billion, a price-to-earnings ratio of 21.62, a P/E/G ratio of 2.23 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66. The stock has a fifty day moving average of $246.02 and a 200-day moving average of $238.48.

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Bank of America cut their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Robert W. Baird lowered 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. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.15.

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.