Baldwin Investment Management LLC Decreases Stock Position in Union Pacific Co. (NYSE:UNP)

Baldwin Investment Management LLC decreased its holdings in Union Pacific Co. (NYSE:UNP) by 1.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,624 shares of the railroad operator’s stock after selling 165 shares during the quarter. Baldwin Investment Management LLC’s holdings in Union Pacific were worth $3,851,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Shellback Capital LP grew its stake in shares of Union Pacific by 28.2% during the 2nd 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 worth approximately $834,000. Maj Invest Holding A S grew its position in Union Pacific by 0.3% during 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 buying an additional 2,202 shares during the period. Radnor Capital Management LLC purchased a new stake in Union Pacific during the third quarter valued at approximately $2,923,000. Finally, Signature Estate & Investment Advisors LLC boosted its stake in shares of Union Pacific by 190.5% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,430 shares of the railroad operator’s stock worth $1,092,000 after acquiring an additional 2,905 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Down 1.5 %

Shares of UNP opened at $245.63 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a market cap of $148.92 billion, a PE ratio of 22.56, a P/E/G ratio of 2.47 and a beta of 1.06. The business has a fifty day moving average of $240.31 and a 200 day moving average of $238.46.

Union Pacific (NYSE:UNP) last released its 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 during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.51 EPS. On average, sell-side analysts expect that Union Pacific Co. will post 10.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on UNP. Barclays upped their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Susquehanna reduced their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Citigroup lifted their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. 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 note on Wednesday, October 9th. Finally, Wells Fargo & Company lowered their target price on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has a consensus 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.