Howe & Rusling Inc. Has $12.31 Million Holdings in Union Pacific Co. (NYSE:UNP)

Howe & Rusling Inc. grew its holdings in Union Pacific Co. (NYSE:UNP) by 0.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,924 shares of the railroad operator’s stock after purchasing an additional 213 shares during the quarter. Union Pacific makes up approximately 1.1% of Howe & Rusling Inc.’s holdings, making the stock its 28th biggest holding. Howe & Rusling Inc.’s holdings in Union Pacific were worth $12,305,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Ameriprise Financial Inc. increased its stake in Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares in the last quarter. Capital Research Global Investors raised its holdings in Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Union Pacific by 2.1% in the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after buying an additional 124,571 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in Union Pacific by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after acquiring an additional 322,129 shares during the last quarter. Finally, Capital World Investors increased its stake in shares of Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after purchasing an additional 1,073,625 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the subject of a number of research analyst reports. Wells Fargo & Company reduced their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Citigroup increased their price target on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Finally, Benchmark reissued a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. Nine investment 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 company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Performance

UNP stock opened at $233.29 on Wednesday. The stock has a 50-day moving average price of $241.14 and a 200-day moving average price of $238.55. Union Pacific Co. has a 1-year low of $216.92 and a 1-year high of $258.66. The firm has a market cap of $141.43 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. 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 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 the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.51 earnings per share. As a group, equities research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.