NorthRock Partners LLC Sells 1,254 Shares of Union Pacific Co. (NYSE:UNP)

NorthRock Partners LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 21.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,611 shares of the railroad operator’s stock after selling 1,254 shares during the quarter. NorthRock Partners LLC’s holdings in Union Pacific were worth $1,137,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UNP. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter valued at $28,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the 2nd quarter valued at $27,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific in the third quarter valued at $30,000. Jamison Private Wealth Management Inc. raised its stake in Union Pacific by 265.7% during the 3rd 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 during the period. Finally, Fairscale Capital LLC acquired a new stake in Union Pacific in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of a number of research analyst reports. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Wells Fargo & Company dropped their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Benchmark restated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Nine 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. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.15.

Union Pacific Stock Performance

Shares of Union Pacific stock traded up $2.59 during trading on Tuesday, hitting $232.50. 144,097 shares of the company’s stock traded hands, compared to its average volume of 2,285,368. The business has a 50-day simple moving average of $244.29 and a 200-day simple moving average of $238.45. The stock has a market capitalization of $140.96 billion, a P/E ratio of 21.11, a PEG ratio of 2.30 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1 year low of $208.14 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the business earned $2.51 earnings per share. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, analysts forecast that Union Pacific Co. will post 10.97 EPS for the current year.

About Union Pacific

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.