Atria Investments Inc Acquires 917 Shares of Union Pacific Co. (NYSE:UNP)

Atria Investments Inc grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 64,538 shares of the railroad operator’s stock after purchasing an additional 917 shares during the quarter. Atria Investments Inc’s holdings in Union Pacific were worth $15,907,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the 2nd quarter worth $28,000. Cultivar Capital Inc. bought a new position in shares of Union Pacific in the 2nd quarter worth $27,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter worth $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC bought a new position in shares of Union Pacific in the 2nd quarter worth $31,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on UNP shares. BMO Capital Markets lowered their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Robert W. Baird lowered their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Raymond James increased their price target on 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, TD Cowen lowered their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Nine equities 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 company has an average rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Stock Performance

Shares of UNP opened at $241.49 on Friday. The stock has a 50-day moving average price of $243.38 and a 200-day moving average price of $238.61. The company has a market cap of $146.41 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 2.39 and a beta of 1.06. Union Pacific Co. has a 12-month low of $208.14 and a 12-month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

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

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.