Caprock Group LLC Grows Position in Union Pacific Co. (NYSE:UNP)

Caprock Group LLC boosted its stake in Union Pacific Co. (NYSE:UNP) by 1.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 12,906 shares of the railroad operator’s stock after acquiring an additional 212 shares during the period. Caprock Group LLC’s holdings in Union Pacific were worth $3,181,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Cultivar Capital Inc. purchased a new position in shares of Union Pacific during the 2nd quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific during the second quarter worth $28,000. Financial Gravity Asset Management Inc. raised its holdings in shares of Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the 3rd quarter worth about $30,000. Finally, Fairscale Capital LLC purchased a new position in Union Pacific during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on UNP shares. Raymond James increased their price target on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Robert W. Baird decreased their price target 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. Barclays upped their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine 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 company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Performance

NYSE UNP opened at $233.29 on Wednesday. The company has a fifty day moving average of $241.14 and a two-hundred day moving average of $238.55. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1 year low of $216.92 and a 1 year high of $258.66. The company has a market capitalization of $141.43 billion, a PE ratio of 21.42, a P/E/G ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $2.51 earnings per share. As a group, analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.