Patton Albertson Miller Group LLC Acquires 402 Shares of Union Pacific Co. (NYSE:UNP)

Patton Albertson Miller Group LLC raised its position in Union Pacific Co. (NYSE:UNP) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,800 shares of the railroad operator’s stock after buying an additional 402 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in Union Pacific were worth $7,099,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the 2nd quarter valued at about $28,000. Cultivar Capital Inc. bought a new position in Union Pacific in the 2nd quarter valued at about $27,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. increased its holdings in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the period. Finally, Fairscale Capital LLC bought a new position in Union Pacific in the 2nd quarter valued at about $31,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

UNP opened at $249.29 on Tuesday. 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’s fifty day moving average price is $240.47 and its two-hundred day moving average price is $238.48. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The company has a market cap of $151.13 billion, a price-to-earnings ratio of 22.89, a PEG ratio of 2.40 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 quarter in the previous year, the company posted $2.51 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis. On average, analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research analyst reports. Citigroup raised their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Robert W. Baird cut their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Susquehanna cut their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, BMO Capital Markets cut their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $259.80.

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.