Great Valley Advisor Group Inc. cut its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 36.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 16,089 shares of the railroad operator’s stock after selling 9,112 shares during the period. Great Valley Advisor Group Inc.’s holdings in Union Pacific were worth $3,965,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Shellback Capital LP boosted its position in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after buying an additional 4,400 shares during the last quarter. Peoples Bank KS bought a new stake in shares of Union Pacific in the third quarter worth approximately $834,000. Maj Invest Holding A S raised its holdings in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after purchasing an additional 2,202 shares during the last quarter. Radnor Capital Management LLC bought a new position in Union Pacific during the third quarter valued at approximately $2,923,000. Finally, Signature Estate & Investment Advisors LLC boosted its holdings in Union Pacific by 190.5% in the third quarter. Signature Estate & Investment Advisors LLC now owns 4,430 shares of the railroad operator’s stock worth $1,092,000 after purchasing an additional 2,905 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms have recently issued reports on UNP. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Citigroup boosted 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. Benchmark reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. BMO Capital Markets cut their target price 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. Finally, Wells Fargo & Company decreased their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.80.
Union Pacific Trading Up 1.4 %
Shares of NYSE:UNP opened at $242.39 on Friday. The business has a 50-day moving average price of $240.53 and a 200-day moving average price of $238.51. The stock has a market cap of $146.95 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 2.37 and a beta of 1.06. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data 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 analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.51 earnings per share. 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.
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