Aigen Investment Management LP Has $346,000 Stock Holdings in Union Pacific Co. (NYSE:UNP)

Aigen Investment Management LP decreased its holdings in Union Pacific Co. (NYSE:UNP) by 87.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,405 shares of the railroad operator’s stock after selling 10,107 shares during the period. Aigen Investment Management LP’s holdings in Union Pacific were worth $346,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in UNP. Shellback Capital LP increased its position in shares of Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new stake in shares of Union Pacific during the 3rd quarter worth about $834,000. Maj Invest Holding A S increased its position in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares in the last quarter. M&G Plc acquired a new stake in shares of Union Pacific during the 1st quarter worth about $10,378,000. Finally, Radnor Capital Management LLC bought a new stake in Union Pacific during the 3rd quarter worth about $2,923,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $235.57 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. The company’s 50 day moving average price is $242.14 and its two-hundred day moving average price is $238.62. Union Pacific Co. has a 52 week low of $216.79 and a 52 week high of $258.66.

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

Wall Street Analyst Weigh In

UNP has been the topic of a number of research analyst reports. Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Susquehanna decreased their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Robert W. Baird decreased their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

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.