Nichols & Pratt Advisers LLP MA Has $1.06 Million Stake in Union Pacific Co. (UNP)

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Nichols & Pratt Advisers LLP MA lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 6.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,518 shares of the railroad operator’s stock after selling 450 shares during the period. Nichols & Pratt Advisers LLP MA’s holdings in Union Pacific were worth $1,061,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in UNP. Janus Henderson Group PLC grew its holdings in Union Pacific by 55.7% during the second quarter. Janus Henderson Group PLC now owns 5,526,282 shares of the railroad operator’s stock worth $782,980,000 after acquiring an additional 1,977,446 shares during the period. OppenheimerFunds Inc. grew its holdings in Union Pacific by 13,209.2% during the second quarter. OppenheimerFunds Inc. now owns 1,922,773 shares of the railroad operator’s stock worth $272,420,000 after acquiring an additional 1,908,326 shares during the period. Bank of Montreal Can acquired a new position in Union Pacific during the second quarter worth $192,080,000. Fred Alger Management Inc. grew its holdings in Union Pacific by 89.6% during the second quarter. Fred Alger Management Inc. now owns 2,791,161 shares of the railroad operator’s stock worth $395,452,000 after acquiring an additional 1,319,274 shares during the period. Finally, Robeco Institutional Asset Management B.V. acquired a new position in Union Pacific during the third quarter worth $168,658,000. 80.80% of the stock is currently owned by hedge funds and other institutional investors.

UNP opened at $150.25 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.89 and a debt-to-equity ratio of 1.01. The firm has a market cap of $112.63 billion, a P/E ratio of 20.83, a P/E/G ratio of 1.83 and a beta of 0.95. Union Pacific Co. has a 52 week low of $115.16 and a 52 week high of $165.63.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 25th. The railroad operator reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.05. The business had revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.88 billion. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. During the same quarter last year, the company earned $1.50 earnings per share. Equities analysts predict that Union Pacific Co. will post 7.84 earnings per share for the current fiscal year.

Several analysts have weighed in on UNP shares. Morgan Stanley lowered Union Pacific from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $141.00 to $134.00 in a report on Monday, October 22nd. Cowen reissued a “hold” rating and issued a $151.00 target price on shares of Union Pacific in a report on Tuesday, September 18th. UBS Group upped their target price on Union Pacific from $161.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, September 20th. Deutsche Bank lowered Union Pacific from a “buy” rating to a “hold” rating and set a $162.00 target price on the stock. in a report on Tuesday, August 14th. Finally, ValuEngine raised Union Pacific from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $161.44.

In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction on Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the sale, the executive vice president now owns 106,518 shares of the company’s stock, valued at $17,448,713.58. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total value of $1,282,034.00. Following the sale, the executive vice president now directly owns 53,978 shares in the company, valued at approximately $8,189,542.16. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.

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About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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