Foster & Motley Inc. Decreases Stock Holdings in Union Pacific Co. (NYSE:UNP)

Foster & Motley Inc. lowered its stake in Union Pacific Co. (NYSE:UNP) by 10.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 13,289 shares of the railroad operator’s stock after selling 1,490 shares during the period. Foster & Motley Inc.’s holdings in Union Pacific were worth $3,275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Forum Financial Management LP raised its position in shares of Union Pacific by 0.6% during the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock worth $1,731,000 after purchasing an additional 41 shares during the period. Fairhaven Wealth Management LLC lifted its stake in Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares during the last quarter. Chesapeake Wealth Management boosted its holdings in shares of Union Pacific by 0.5% during the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after acquiring an additional 43 shares during the period. Fortis Capital Advisors LLC grew its position in shares of Union Pacific by 5.0% during the first quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after acquiring an additional 44 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV increased its holdings in shares of Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after acquiring an additional 44 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 6.3 %

Shares of NYSE:UNP opened at $248.49 on Thursday. 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 12-month low of $208.14 and a 12-month high of $258.66. The firm has a fifty day moving average of $243.88 and a two-hundred day moving average of $238.53. The firm has a market capitalization of $150.65 billion, a P/E ratio of 22.82, a price-to-earnings-growth ratio of 2.27 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.51 EPS. On average, equities analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UNP has been the topic of several analyst reports. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. BMO Capital Markets reduced their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Robert W. Baird reduced their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Finally, Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.