Union Pacific Co. (NYSE:UNP) Stake Trimmed by Murphy Pohlad Asset Management LLC

Murphy Pohlad Asset Management LLC cut its position in shares of Union Pacific Co. (NYSE:UNP) by 1.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,558 shares of the railroad operator’s stock after selling 345 shares during the quarter. Union Pacific accounts for 2.0% of Murphy Pohlad Asset Management LLC’s portfolio, making the stock its 9th largest position. Murphy Pohlad Asset Management LLC’s holdings in Union Pacific were worth $4,821,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norden Group LLC purchased a new position in shares of Union Pacific during the first quarter valued at $358,000. Janney Montgomery Scott LLC grew its position in Union Pacific by 1.7% during the first quarter. Janney Montgomery Scott LLC now owns 212,009 shares of the railroad operator’s stock valued at $52,140,000 after purchasing an additional 3,596 shares in the last quarter. Resonant Capital Advisors LLC increased its stake in Union Pacific by 20.2% in the 1st quarter. Resonant Capital Advisors LLC now owns 1,733 shares of the railroad operator’s stock valued at $426,000 after buying an additional 291 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its position in Union Pacific by 8.3% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 14,439 shares of the railroad operator’s stock worth $3,551,000 after buying an additional 1,107 shares in the last quarter. Finally, Tobam purchased a new stake in Union Pacific in the 1st quarter worth approximately $95,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UNP shares. Raymond James upped their price target on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. dropped their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Wells Fargo & Company reduced their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Bank of America dropped their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Finally, StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Price Performance

NYSE UNP opened at $232.69 on Friday. The stock has a market capitalization of $141.07 billion, a PE ratio of 21.37, a P/E/G ratio of 2.29 and a beta of 1.06. The stock has a 50-day simple moving average of $244.66 and a 200 day simple moving average of $238.33. 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 Co. has a twelve month low of $207.74 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the company posted $2.51 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. Research analysts anticipate that Union Pacific Co. will post 10.97 EPS for the current year.

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.