Mutual of America Capital Management LLC Sells 2,559 Shares of Union Pacific Co. (NYSE:UNP)

Mutual of America Capital Management LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 85,788 shares of the railroad operator’s stock after selling 2,559 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Union Pacific were worth $21,145,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Banco Santander S.A. purchased a new stake in Union Pacific during the 1st quarter valued at $351,000. Patten & Patten Inc. TN boosted its position in Union Pacific by 1.9% during the 1st quarter. Patten & Patten Inc. TN now owns 6,613 shares of the railroad operator’s stock valued at $1,626,000 after buying an additional 126 shares during the period. Edgestream Partners L.P. purchased a new stake in Union Pacific during the 1st quarter valued at $217,000. Catalytic Wealth RIA LLC boosted its position in Union Pacific by 38.2% during the 1st quarter. Catalytic Wealth RIA LLC now owns 2,186 shares of the railroad operator’s stock valued at $538,000 after buying an additional 604 shares during the period. Finally, Resurgent Financial Advisors LLC boosted its position in Union Pacific by 33.0% during the 1st quarter. Resurgent Financial Advisors LLC now owns 4,258 shares of the railroad operator’s stock valued at $1,047,000 after buying an additional 1,057 shares during the period. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Raymond James increased their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. BMO Capital Markets dropped their target price on shares of 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 shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Performance

Shares of UNP stock opened at $235.57 on Friday. The company has a 50 day moving average price of $241.86 and a 200-day moving average price of $238.59. Union Pacific Co. has a 52 week low of $216.79 and a 52 week high of $258.66. The firm has a market capitalization of $142.82 billion, a PE ratio of 21.63, a P/E/G ratio of 2.33 and a beta of 1.06. 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 (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. The business’s revenue was up 2.5% compared to the same quarter last year. As a group, equities research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.