Navellier & Associates Inc. Trims Stock Holdings in Union Pacific Co. (NYSE:UNP)

Navellier & Associates Inc. lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 24.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,473 shares of the railroad operator’s stock after selling 2,120 shares during the quarter. Navellier & Associates Inc.’s holdings in Union Pacific were worth $1,595,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Marshall Wace LLP grew its holdings in shares of Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the last quarter. Capital World Investors grew its stake in Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after acquiring an additional 1,073,625 shares in the last quarter. International Assets Investment Management LLC grew its stake in Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after acquiring an additional 891,555 shares in the last quarter. Impax Asset Management Group plc increased its position in shares of Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after acquiring an additional 520,536 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of Union Pacific by 170.9% during the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after acquiring an additional 464,477 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.1 %

Shares of NYSE UNP opened at $233.56 on Thursday. The stock has a fifty day simple moving average of $240.86 and a 200-day simple moving average of $238.51. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $141.60 billion, a PE ratio of 21.45, a PEG ratio of 2.31 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the company earned $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have commented on the company. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Citigroup lifted their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. JPMorgan Chase & Co. lowered their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, TD Cowen lowered their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $259.80.

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.