Mill Creek Capital Advisors LLC reduced its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 2.3% in the 3rd quarter, Holdings Channel reports. The firm owned 9,738 shares of the railroad operator’s stock after selling 234 shares during the period. Mill Creek Capital Advisors LLC’s holdings in Union Pacific were worth $2,400,000 as of its most recent filing with the SEC.
A number of other large investors have also recently added to or reduced their stakes in the stock. Cultivar Capital Inc. bought a new stake in shares of Union Pacific during the 2nd quarter worth $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific during the 2nd quarter worth $28,000. Financial Gravity Asset Management Inc. boosted its holdings in Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter valued at about $30,000. Finally, Fairscale Capital LLC bought a new position in shares of Union Pacific in the second quarter worth about $31,000. Institutional investors own 80.38% of the company’s stock.
Analyst Ratings Changes
UNP has been the topic of a number of research analyst reports. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Barclays boosted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their price target for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. BMO Capital Markets decreased their price target 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. Finally, StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $259.80.
Union Pacific Stock Performance
Union Pacific stock opened at $235.57 on Friday. Union Pacific Co. has a 52-week low of $216.79 and a 52-week high of $258.66. 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 fifty day moving average price of $241.86 and a two-hundred day moving average price of $238.59. The firm has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.51 earnings per share. As a group, analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.
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.
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