Larson Financial Group LLC Boosts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Larson Financial Group LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 10.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,181 shares of the railroad operator’s stock after buying an additional 210 shares during the quarter. Larson Financial Group LLC’s holdings in Union Pacific were worth $537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. grew its position in Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after acquiring an additional 106,996 shares during the period. Legal & General Group Plc grew its holdings in shares of Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after purchasing an additional 124,571 shares during the period. Canada Pension Plan Investment Board grew its holdings in shares of Union Pacific by 8.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock worth $954,530,000 after purchasing an additional 322,129 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Union Pacific by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,561,936 shares of the railroad operator’s stock valued at $877,946,000 after buying an additional 38,999 shares during the period. Finally, Raymond James & Associates raised its holdings in Union Pacific by 2.1% in the third quarter. Raymond James & Associates now owns 2,767,216 shares of the railroad operator’s stock valued at $682,063,000 after buying an additional 57,652 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE UNP opened at $249.29 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $151.13 billion, a price-to-earnings ratio of 22.89, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The business has a 50 day simple moving average of $240.47 and a 200-day simple moving average of $238.48.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the firm earned $2.51 EPS. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UNP. Robert W. Baird dropped their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Raymond James increased their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Wells Fargo & Company lowered their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Finally, BMO Capital Markets reduced their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Nine research 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $259.80.

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.