Miramar Capital LLC Trims Stock Position in Union Pacific Co. (NYSE:UNP)

Miramar Capital LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 0.5% in the 3rd quarter, Holdings Channel reports. The firm owned 52,916 shares of the railroad operator’s stock after selling 268 shares during the period. Union Pacific makes up about 3.0% of Miramar Capital LLC’s portfolio, making the stock its 13th biggest position. Miramar Capital LLC’s holdings in Union Pacific were worth $13,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Banco Santander S.A. purchased a new stake in Union Pacific in the first quarter worth $351,000. M&G Plc purchased a new stake in Union Pacific in the first quarter worth about $10,378,000. First Foundation Advisors boosted its position in shares of Union Pacific by 9.0% in the 1st quarter. First Foundation Advisors now owns 3,236 shares of the railroad operator’s stock worth $796,000 after purchasing an additional 266 shares in the last quarter. Nicolet Advisory Services LLC increased its position in Union Pacific by 18.3% during the 1st quarter. Nicolet Advisory Services LLC now owns 2,490 shares of the railroad operator’s stock valued at $600,000 after buying an additional 386 shares in the last quarter. Finally, Patten & Patten Inc. TN raised its position in shares of Union Pacific by 1.9% in the 1st quarter. Patten & Patten Inc. TN now owns 6,613 shares of the railroad operator’s stock worth $1,626,000 after purchasing an additional 126 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of several recent analyst reports. TD Cowen decreased their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Susquehanna cut their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. BMO Capital Markets cut their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Sanford C. Bernstein cut their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Trading Down 0.0 %

Shares of NYSE:UNP opened at $235.57 on Friday. Union Pacific Co. has a 52-week low of $216.79 and a 52-week high of $258.66. The business has a 50-day moving average price of $241.86 and a 200-day moving average price of $238.58. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock has a market cap of $142.82 billion, a price-to-earnings ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06.

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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Company 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.