Keeler Thomas Management LLC Cuts Holdings in Union Pacific Corporation $UNP

Keeler Thomas Management LLC reduced its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 81.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,383 shares of the railroad operator’s stock after selling 6,255 shares during the quarter. Keeler Thomas Management LLC’s holdings in Union Pacific were worth $318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. CBIZ Investment Advisory Services LLC boosted its position in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Union Pacific during the 1st quarter worth about $32,000. WPG Advisers LLC acquired a new position in shares of Union Pacific during the 1st quarter worth about $33,000. Cornerstone Planning Group LLC boosted its position in shares of Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after acquiring an additional 56 shares in the last quarter. Finally, GFG Capital LLC acquired a new position in shares of Union Pacific during the 2nd quarter worth about $38,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on UNP. Susquehanna reaffirmed a “positive” rating and set a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. TD Cowen decreased their target price on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research report on Friday. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Thursday. UBS Group set a $253.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Finally, JPMorgan Chase & Co. upped their target price on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Down 1.6%

Union Pacific stock opened at $216.56 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The stock has a 50 day moving average of $224.95 and a two-hundred day moving average of $224.28. The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $128.44 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.29 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $2.75 EPS. As a group, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current 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.