First Interstate Bank Sells 504 Shares of Union Pacific Co. (NYSE:UNP)

First Interstate Bank decreased its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,573 shares of the railroad operator’s stock after selling 504 shares during the quarter. First Interstate Bank’s holdings in Union Pacific were worth $4,824,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the 2nd quarter valued at approximately $28,000. Cultivar Capital Inc. bought a new position in Union Pacific in the second quarter worth $27,000. Jamison Private Wealth Management Inc. boosted its stake in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares in the last quarter. Fairscale Capital LLC bought a new stake in Union Pacific in the 2nd quarter valued at $31,000. Finally, Financial Gravity Asset Management Inc. raised its stake in shares of Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.3 %

NYSE UNP traded up $0.62 during trading hours on Friday, hitting $232.69. The company’s stock had a trading volume of 2,653,306 shares, compared to its average volume of 2,342,995. The stock has a fifty day moving average of $244.66 and a 200 day moving average of $238.33. 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 Co. has a twelve month low of $207.74 and a twelve month high of $258.66. The firm has a market capitalization of $141.07 billion, a P/E ratio of 21.37, a PEG ratio of 2.29 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly 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). The company had revenue of $6.09 billion during 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 firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.51 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 10.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Sanford C. Bernstein dropped their price target 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. Susquehanna cut their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Benchmark reiterated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, Citigroup began coverage on shares of Union Pacific in a research report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 target price for the company. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $259.15.

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.