Stevens Capital Partners Sells 3,645 Shares of Union Pacific Co. (NYSE:UNP)

Stevens Capital Partners cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 8.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,472 shares of the railroad operator’s stock after selling 3,645 shares during the quarter. Union Pacific comprises about 4.8% of Stevens Capital Partners’ investment portfolio, making the stock its 4th largest position. Stevens Capital Partners’ holdings in Union Pacific were worth $9,976,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. Forum Financial Management LP boosted its position in shares of Union Pacific by 0.6% in the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock worth $1,731,000 after buying an additional 41 shares in the last quarter. Fairhaven Wealth Management LLC boosted its position in shares of Union Pacific by 1.7% in the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock worth $584,000 after buying an additional 43 shares in the last quarter. Chesapeake Wealth Management boosted its position in shares of Union Pacific by 0.5% in the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after buying an additional 43 shares in the last quarter. Fortis Capital Advisors LLC boosted its position in shares of Union Pacific by 5.0% in the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after buying an additional 44 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV boosted its position in shares of Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after buying an additional 44 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.3 %

UNP traded up $0.62 on Friday, reaching $232.69. 2,653,306 shares of the company’s stock were exchanged, compared to its average volume of 2,342,995. The company’s 50 day moving average is $244.66 and its 200-day moving average is $238.33. The company has a market cap of $141.07 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 2.29 and a beta of 1.06. Union Pacific Co. has a twelve month low of $207.74 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.

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. Equities analysts predict that Union Pacific Co. will post 10.97 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Citigroup assumed coverage on shares of Union Pacific in a research report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price objective on the stock. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Royal Bank of Canada reduced their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Susquehanna reduced their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Sanford C. Bernstein reduced their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.15.

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.