Union Pacific Co. (NYSE:UNP) Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 33.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,910 shares of the railroad operator’s stock after selling 14,959 shares during the quarter. Intech Investment Management LLC’s holdings in Union Pacific were worth $7,372,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cultivar Capital Inc. bought a new position in Union Pacific in the 2nd quarter worth about $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the second quarter worth approximately $28,000. Financial Gravity Asset Management Inc. boosted its stake in 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 worth $30,000 after purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the 3rd quarter worth approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in Union Pacific in the 2nd quarter worth approximately $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 2.3 %

UNP opened at $239.02 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market cap of $144.91 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 2.31 and a beta of 1.06. The firm has a 50 day simple moving average of $240.67 and a 200 day simple moving average of $238.52. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 41.79% and a net margin of 27.33%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $2.51 earnings per share. On average, sell-side analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on UNP shares. Stifel Nicolaus decreased their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Sanford C. Bernstein dropped their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Wells Fargo & Company decreased their target price on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Nine investment 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

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.