Janney Montgomery Scott LLC Has $51.02 Million Stake in Union Pacific Co. (NYSE:UNP)

Janney Montgomery Scott LLC lifted its stake in Union Pacific Co. (NYSE:UNP) by 0.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 206,988 shares of the railroad operator’s stock after purchasing an additional 369 shares during the period. Janney Montgomery Scott LLC’s holdings in Union Pacific were worth $51,018,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP raised its position in shares of Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after acquiring an additional 1,227,318 shares during the last quarter. Capital World Investors raised its holdings in Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after purchasing an additional 1,073,625 shares during the last quarter. International Assets Investment Management LLC lifted its position in Union Pacific by 19,878.6% during the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after purchasing an additional 891,555 shares during the period. Capital Research Global Investors boosted its stake in shares of Union Pacific by 7.6% in the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after purchasing an additional 518,985 shares during the last quarter. Finally, Bridges Investment Management Inc. grew its position in shares of Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock worth $159,461,000 after buying an additional 458,664 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP opened at $232.69 on Monday. Union Pacific Co. has a fifty-two week low of $207.74 and a fifty-two week high of $258.66. The stock has a market capitalization of $141.07 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 2.29 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business has a 50-day moving average of $244.66 and a 200-day moving average of $238.45.

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

Analyst Ratings Changes

A number of research firms have commented on UNP. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. TD Cowen decreased their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research note on Friday, October 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, BMO Capital Markets reduced their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Nine 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. According to data from MarketBeat, Union Pacific 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.