Dearborn Partners LLC Sells 1,257 Shares of Union Pacific Co. (NYSE:UNP)

Dearborn Partners LLC trimmed its position in shares of Union Pacific Co. (NYSE:UNP) by 3.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,564 shares of the railroad operator’s stock after selling 1,257 shares during the quarter. Dearborn Partners LLC’s holdings in Union Pacific were worth $9,505,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Shellback Capital LP boosted its holdings in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after acquiring an additional 4,400 shares during the period. Peoples Bank KS bought a new stake in shares of Union Pacific in the 3rd quarter valued at about $834,000. Maj Invest Holding A S raised its stake in Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after buying an additional 2,202 shares in the last quarter. M&G Plc purchased a new stake in shares of Union Pacific during the 1st quarter worth $10,378,000. Finally, Radnor Capital Management LLC purchased a new stake in shares of Union Pacific during the third quarter valued at about $2,923,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock opened at $235.58 on Friday. 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 fifty day simple moving average of $242.46 and a 200-day simple moving average of $238.64. The stock has a market cap of $142.82 billion, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. Union Pacific Co. has a 12-month low of $215.81 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last released 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 return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the company posted $2.51 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. Equities analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on UNP shares. Citigroup lifted their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday. Sanford C. Bernstein decreased their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. TD Cowen decreased 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. Finally, StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $259.80.

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.