ERn Financial LLC Sells 62 Shares of Union Pacific Co. (NYSE:UNP)

ERn Financial LLC reduced its position in Union Pacific Co. (NYSE:UNP) by 1.2% during the third quarter, HoldingsChannel reports. The firm owned 5,091 shares of the railroad operator’s stock after selling 62 shares during the period. ERn Financial LLC’s holdings in Union Pacific were worth $1,255,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Richardson Capital Management LLC bought a new stake in Union Pacific during the first quarter valued at $26,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific in the 2nd quarter valued at about $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $28,000. Scarborough Advisors LLC acquired a new stake in Union Pacific during the fourth quarter worth approximately $29,000. Finally, Tributary Capital Management LLC bought a new stake in Union Pacific in the first quarter worth approximately $30,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on UNP. TD Cowen cut their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Sanford C. Bernstein reduced their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Benchmark reiterated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a report on Monday, July 29th. Barclays reduced their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, Royal Bank of Canada boosted their target price on Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research report on Monday, September 30th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.25.

Union Pacific Stock Up 0.2 %

Union Pacific stock opened at $245.79 on Wednesday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The stock has a market cap of $149.96 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of 2.21 and a beta of 1.05. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66. The firm’s 50-day simple moving average is $246.03 and its 200 day simple moving average is $238.54.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.57 EPS. Research analysts predict that Union Pacific Co. will post 11.06 EPS for the current fiscal year.

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.