Heritage Investment Group Inc. Buys 64 Shares of Union Pacific Co. (NYSE:UNP)

Heritage Investment Group Inc. increased its stake in Union Pacific Co. (NYSE:UNP) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,353 shares of the railroad operator’s stock after purchasing an additional 64 shares during the quarter. Heritage Investment Group Inc.’s holdings in Union Pacific were worth $580,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific during the 2nd quarter worth $28,000. Cultivar Capital Inc. bought a new stake in Union Pacific during the second quarter valued at about $27,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. increased its stake in shares of Union Pacific by 265.7% in the third 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 during the period. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific during the 2nd quarter worth about $31,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP traded down $0.01 on Friday, hitting $235.57. The stock had a trading volume of 2,068,472 shares, compared to its average volume of 2,314,945. The company has a market capitalization of $142.82 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. 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 firm’s 50 day moving average price is $241.86 and its 200-day moving average price is $238.58. Union Pacific Co. has a twelve month low of $216.79 and a twelve month high of $258.66.

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). The firm 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 period in the previous year, the business posted $2.51 EPS. On average, equities research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on UNP shares. Barclays raised their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday. Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, TD Cowen reduced their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.