Union Pacific Co. (NYSE:UNP) Shares Bought by Partners Group Holding AG

Partners Group Holding AG boosted its stake in Union Pacific Co. (NYSE:UNP) by 29.9% in the 3rd quarter, Holdings Channel reports. The firm owned 267,637 shares of the railroad operator’s stock after buying an additional 61,555 shares during the quarter. Union Pacific accounts for approximately 4.4% of Partners Group Holding AG’s portfolio, making the stock its 7th biggest position. Partners Group Holding AG’s holdings in Union Pacific were worth $65,967,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of UNP. Cultivar Capital Inc. purchased a new stake in Union Pacific during the 2nd quarter worth $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. lifted its position in shares of Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after purchasing an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the third quarter worth about $30,000. Finally, Fairscale Capital LLC bought a new stake in Union Pacific in the second quarter valued at about $31,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

UNP stock opened at $249.29 on Tuesday. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The firm has a 50-day moving average of $240.47 and a two-hundred day moving average of $238.48. The firm has a market capitalization of $151.13 billion, a PE ratio of 22.89, a P/E/G ratio of 2.40 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 issued its quarterly 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). 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 analysts’ expectations of $6.14 billion. During the same quarter last year, the company posted $2.51 EPS. The firm’s revenue was up 2.5% compared to the same quarter last year. On average, analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. Stifel Nicolaus decreased their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Robert W. Baird cut their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.80.

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.