Klingman & Associates LLC Trims Position in Union Pacific Co. (NYSE:UNP)

Klingman & Associates LLC reduced its position in Union Pacific Co. (NYSE:UNP) by 2.7% in the 3rd quarter, Holdings Channel reports. The fund owned 2,139 shares of the railroad operator’s stock after selling 60 shares during the period. Klingman & Associates LLC’s holdings in Union Pacific were worth $527,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Cultivar Capital Inc. purchased a new position in Union Pacific during the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. lifted its holdings in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter worth approximately $30,000. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific in the second quarter valued at approximately $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.4 %

Shares of Union Pacific stock opened at $241.49 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1-year low of $208.14 and a 1-year high of $258.66. The business’s fifty day moving average price is $243.38 and its two-hundred day moving average price is $238.61. The company has a market capitalization of $146.41 billion, a P/E ratio of 22.18, a PEG ratio of 2.46 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the company earned $2.51 EPS. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Wall Street Analyst Weigh In

UNP has been the topic of a number of research analyst reports. Citigroup assumed coverage on shares of Union Pacific in a report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price target on the stock. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Barclays reduced their price target on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Susquehanna cut their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, Wells Fargo & Company cut their price objective on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

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.