Union Pacific Corporation $UNP Shares Sold by James Investment Research Inc.

James Investment Research Inc. lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 40.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,605 shares of the railroad operator’s stock after selling 2,407 shares during the period. James Investment Research Inc.’s holdings in Union Pacific were worth $829,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UNP. Royal Bank Of Canada boosted their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. UBS Group set a $253.00 price target on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Citigroup boosted their target price on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Finally, Robert W. Baird initiated coverage on Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Stock Performance

NYSE UNP opened at $217.89 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The business’s 50 day moving average is $224.81 and its two-hundred day moving average is $224.35. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The stock has a market capitalization of $129.24 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 2.28 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion for 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 quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.75 EPS. Research analysts expect that Union Pacific Corporation will post 11.99 EPS 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.