Union Pacific Co. (NYSE:UNP) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,646 shares of the railroad operator’s stock after buying an additional 367 shares during the period. Global Retirement Partners LLC’s holdings in Union Pacific were worth $5,582,000 at the end of the most recent reporting period.

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

Union Pacific Trading Down 2.7 %

Shares of Union Pacific stock traded down $6.65 during trading hours on Thursday, hitting $241.45. The company’s stock had a trading volume of 763,990 shares, compared to its average volume of 2,260,154. The company has a market capitalization of $147.09 billion, a PE ratio of 23.30, a P/E/G ratio of 2.27 and a beta of 1.05. The business has a fifty day moving average of $246.25 and a 200 day moving average of $238.61. Union Pacific Co. has a 1-year low of $199.97 and a 1-year high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. Union Pacific’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $2.57 EPS. As a group, equities analysts forecast that Union Pacific Co. will post 11.07 EPS for the current year.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.26% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

UNP has been the subject of a number of recent research reports. Susquehanna increased their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Benchmark restated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Monday, July 29th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Finally, Raymond James increased their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.25.

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.