Capital Investment Counsel LLC Buys 119 Shares of Union Pacific Co. (NYSE:UNP)

Capital Investment Counsel LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,870 shares of the railroad operator’s stock after purchasing an additional 119 shares during the period. Capital Investment Counsel LLC’s holdings in Union Pacific were worth $6,377,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Cultivar Capital Inc. acquired a new position in Union Pacific during the second quarter worth $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. increased its stake in shares of Union Pacific by 3,250.0% during the 2nd 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 bought a new stake in shares of Union Pacific in the 3rd quarter valued at about $30,000. Finally, Fairscale Capital LLC acquired a new stake in Union Pacific in the 2nd quarter valued at about $31,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent analyst reports. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Robert W. Baird dropped their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. TD Cowen reduced their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Benchmark restated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Finally, Stifel Nicolaus dropped their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Performance

NYSE:UNP opened at $242.39 on Friday. The company has a market capitalization 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 1-year low of $218.55 and a 1-year high of $258.66. The business has a 50 day moving average of $240.53 and a 200 day moving average of $238.51. 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 (NYSE:UNP) last issued 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same period in the previous year, the firm earned $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal 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.