Union Pacific Co. (NYSE:UNP) Shares Sold by Wharton Business Group LLC

Wharton Business Group LLC cut its position in Union Pacific Co. (NYSE:UNP) by 30.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,466 shares of the railroad operator’s stock after selling 12,700 shares during the period. Wharton Business Group LLC’s holdings in Union Pacific were worth $7,016,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Drive Wealth Management LLC increased its holdings in shares of Union Pacific by 2.9% in the third quarter. Drive Wealth Management LLC now owns 2,749 shares of the railroad operator’s stock valued at $678,000 after purchasing an additional 77 shares during the period. Capital City Trust Co. FL grew its holdings in Union Pacific by 0.5% during the third quarter. Capital City Trust Co. FL now owns 20,190 shares of the railroad operator’s stock worth $4,976,000 after acquiring an additional 103 shares during the period. Mendel Capital Management LLC grew its holdings in Union Pacific by 3.5% during the third quarter. Mendel Capital Management LLC now owns 1,960 shares of the railroad operator’s stock worth $483,000 after acquiring an additional 66 shares during the period. Holistic Financial Partners grew its holdings in Union Pacific by 8.6% during the third quarter. Holistic Financial Partners now owns 1,585 shares of the railroad operator’s stock worth $391,000 after acquiring an additional 125 shares during the period. Finally, Aviso Wealth Management grew its holdings in Union Pacific by 134.4% during the third quarter. Aviso Wealth Management now owns 3,514 shares of the railroad operator’s stock worth $866,000 after acquiring an additional 2,015 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the topic of several analyst reports. Barclays raised their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Raymond James raised their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Royal Bank of Canada dropped their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. TD Cowen dropped their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Performance

NYSE UNP opened at $235.57 on Monday. The company has a market cap of $142.82 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The stock’s 50 day simple moving average is $241.86 and its 200-day simple moving average is $238.62. Union Pacific Co. has a 1-year low of $216.79 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last released its earnings results 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 firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the business earned $2.51 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

About Union Pacific

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.