Union Pacific Co. (NYSE:UNP) Shares Bought by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. grew its holdings in Union Pacific Co. (NYSE:UNP) by 1.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 11,099 shares of the railroad operator’s stock after buying an additional 131 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Union Pacific were worth $2,736,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Shellback Capital LP grew its holdings in shares of Union Pacific by 28.2% in the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares during the period. Peoples Bank KS purchased a new position in shares of Union Pacific in the third quarter valued at approximately $834,000. Maj Invest Holding A S boosted its stake in shares of Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after purchasing an additional 2,202 shares during the period. Radnor Capital Management LLC purchased a new position in shares of Union Pacific in the third quarter valued at approximately $2,923,000. Finally, Kestra Advisory Services LLC boosted its stake in shares of Union Pacific by 13.6% in the first quarter. Kestra Advisory Services LLC now owns 90,758 shares of the railroad operator’s stock valued at $22,320,000 after purchasing an additional 10,876 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.1 %

Shares of UNP stock opened at $235.23 on Monday. The firm has a market cap of $142.61 billion, a P/E ratio of 21.63, a PEG ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 1-year low of $216.92 and a 1-year 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 firm’s 50-day simple moving average is $241.86 and its 200-day simple moving average is $238.62.

Union Pacific (NYSE:UNP) last posted its earnings results 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). The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company posted $2.51 EPS. As a group, equities analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on UNP shares. Stifel Nicolaus lowered their price objective 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. Royal Bank of Canada reduced their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. TD Cowen reduced their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Finally, Barclays upped their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific 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.