Linscomb Wealth Inc. Sells 425 Shares of Union Pacific Co. (NYSE:UNP)

Linscomb Wealth Inc. lessened its position in Union Pacific Co. (NYSE:UNP) by 2.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,157 shares of the railroad operator’s stock after selling 425 shares during the period. Linscomb Wealth Inc.’s holdings in Union Pacific were worth $3,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fairhaven Wealth Management LLC lifted its position in Union Pacific by 1.7% during the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after purchasing an additional 43 shares during the period. Chesapeake Wealth Management increased its holdings in 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 buying an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV grew its holdings in Union Pacific by 0.5% during the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after purchasing an additional 44 shares during the period. Beaumont Financial Advisors LLC raised its stake in shares of Union Pacific by 1.0% in the first quarter. Beaumont Financial Advisors LLC now owns 4,595 shares of the railroad operator’s stock worth $1,130,000 after buying an additional 45 shares during the period. Finally, Montecito Bank & Trust grew its stake in shares of Union Pacific by 0.4% during the 2nd quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock valued at $2,691,000 after acquiring an additional 45 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP traded up $0.06 during trading hours on Friday, hitting $235.64. 553,997 shares of the stock were exchanged, compared to its average volume of 2,307,704. The company has a market cap of $142.86 billion, a P/E ratio of 21.78, a P/E/G ratio of 2.38 and a beta of 1.06. The firm’s fifty day moving average price is $242.14 and its 200 day moving average price is $238.62. Union Pacific Co. has a 52-week low of $216.79 and a 52-week high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last issued its quarterly 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 for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the previous year, the firm posted $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on UNP shares. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Royal Bank of Canada dropped their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Wells Fargo & Company reduced their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Citigroup lifted their price objective on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Robert W. Baird lowered 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. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus 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.