Union Pacific Co. (NYSE:UNP) Position Cut by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 223,858 shares of the railroad operator’s stock after selling 5,510 shares during the period. Commonwealth Equity Services LLC’s holdings in Union Pacific were worth $55,176,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates lifted its holdings in shares of Union Pacific by 2.1% in the third quarter. Raymond James & Associates now owns 2,767,216 shares of the railroad operator’s stock valued at $682,063,000 after buying an additional 57,652 shares during the period. Slow Capital Inc. boosted its position in shares of Union Pacific by 4.7% during the 3rd quarter. Slow Capital Inc. now owns 11,468 shares of the railroad operator’s stock valued at $2,827,000 after purchasing an additional 513 shares in the last quarter. NovaPoint Capital LLC grew its stake in shares of Union Pacific by 1.0% in the 3rd quarter. NovaPoint Capital LLC now owns 17,795 shares of the railroad operator’s stock worth $4,386,000 after purchasing an additional 172 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Union Pacific by 50.9% in the 3rd quarter. Blue Trust Inc. now owns 8,121 shares of the railroad operator’s stock worth $1,837,000 after purchasing an additional 2,740 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC lifted its stake in Union Pacific by 9.4% during the third quarter. Moss Adams Wealth Advisors LLC now owns 1,302 shares of the railroad operator’s stock valued at $321,000 after purchasing an additional 112 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.28% of the stock is owned by company insiders.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $244.10 on Friday. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The company has a market cap of $148.93 billion, a P/E ratio of 23.29, a P/E/G ratio of 2.27 and a beta of 1.05. The business’s 50 day moving average is $246.41 and its two-hundred day moving average is $238.61.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.57 EPS. On average, equities analysts expect that Union Pacific Co. will post 11.07 EPS for the current year.

Analyst Upgrades and Downgrades

UNP has been the topic of several research reports. Bank of America dropped their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Benchmark reaffirmed a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Monday, July 29th. TD Cowen lowered their price objective on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Citigroup assumed coverage on shares of Union Pacific in a report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price target for the company. Finally, Royal Bank of Canada boosted their target price on Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research note on Monday, September 30th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $259.25.

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.