Broderick Brian C Cuts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Broderick Brian C trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,295 shares of the railroad operator’s stock after selling 55 shares during the quarter. Broderick Brian C’s holdings in Union Pacific were worth $2,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Tocqueville Asset Management L.P. increased its stake in shares of Union Pacific by 3.3% in the 1st quarter. Tocqueville Asset Management L.P. now owns 39,754 shares of the railroad operator’s stock worth $9,777,000 after purchasing an additional 1,268 shares in the last quarter. Banco Santander S.A. bought a new position in shares of Union Pacific during the first quarter valued at approximately $351,000. M&G Plc bought a new position in Union Pacific in the first quarter worth approximately $10,378,000. First Foundation Advisors boosted its position in Union Pacific by 9.0% during the first quarter. First Foundation Advisors now owns 3,236 shares of the railroad operator’s stock valued at $796,000 after purchasing an additional 266 shares in the last quarter. Finally, Councilmark Asset Management LLC acquired a new stake in Union Pacific in the first quarter valued at approximately $1,598,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $235.58 on Friday. Union Pacific Co. has a fifty-two week low of $215.81 and a fifty-two week high of $258.66. The business has a 50-day moving average of $242.46 and a two-hundred day moving average of $238.64. 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 stock has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.38 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the business posted $2.51 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UNP. Robert W. Baird reduced their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Wells Fargo & Company decreased their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets reduced their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. Finally, Bank of America decreased their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Nine equities research 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.