Union Pacific Co. (NYSE:UNP) Shares Sold by Saturna Capital Corp

Saturna Capital Corp lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 7.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 318,853 shares of the railroad operator’s stock after selling 26,743 shares during the quarter. Saturna Capital Corp owned approximately 0.05% of Union Pacific worth $78,591,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Koshinski Asset Management Inc. raised its stake in Union Pacific by 29.5% during the first quarter. Koshinski Asset Management Inc. now owns 2,571 shares of the railroad operator’s stock worth $632,000 after purchasing an additional 585 shares during the period. Private Management Group Inc. purchased a new position in shares of Union Pacific in the 1st quarter worth $222,000. Fortis Capital Advisors LLC boosted its holdings in Union Pacific by 5.0% in the first quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after acquiring an additional 44 shares during the last quarter. D Orazio & Associates Inc. acquired a new position in Union Pacific in the first quarter valued at $251,000. Finally, Kingsview Wealth Management LLC grew its position in Union Pacific by 7.4% during the first quarter. Kingsview Wealth Management LLC now owns 24,109 shares of the railroad operator’s stock valued at $5,929,000 after acquiring an additional 1,658 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP stock opened at $238.90 on Wednesday. The firm has a market cap of $144.84 billion, a P/E ratio of 21.94, a P/E/G ratio of 2.39 and a beta of 1.06. The firm has a fifty day moving average of $242.77 and a two-hundred day moving average of $238.63. 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 $212.47 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last announced 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 net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the firm earned $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. As a group, research analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Wells Fargo & Company dropped their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Barclays reduced their target price on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine equities 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.30.

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.