Transcendent Capital Group LLC Has $311,000 Holdings in Union Pacific Co. (NYSE:UNP)

Transcendent Capital Group LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 402.8% in the third quarter, Holdings Channel reports. The fund owned 1,262 shares of the railroad operator’s stock after acquiring an additional 1,011 shares during the period. Transcendent Capital Group LLC’s holdings in Union Pacific were worth $311,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Ameriprise Financial Inc. increased its stake in Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after purchasing an additional 106,996 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the period. Legal & General Group Plc increased its position in shares of Union Pacific by 2.1% during the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after acquiring an additional 124,571 shares in the last quarter. Clearbridge Investments LLC raised its holdings in shares of Union Pacific by 5.7% during the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after acquiring an additional 237,083 shares during the period. Finally, Canada Pension Plan Investment Board lifted its position in Union Pacific by 8.3% in the 2nd 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 in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Down 0.4 %

Shares of Union Pacific stock opened at $241.49 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business has a fifty day simple moving average of $243.38 and a two-hundred day simple moving average of $238.61. Union Pacific Co. has a 1 year low of $208.14 and a 1 year high of $258.66. The company has a market capitalization of $146.41 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 2.39 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced 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 company 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 business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.51 EPS. Research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Analysts Set New Price Targets

UNP has been the topic of several recent research reports. BMO Capital Markets dropped their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Raymond James upped their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Barclays lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Finally, Bank of America reduced their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $259.15.

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.