Union Pacific Co. (NYSE:UNP) Shares Purchased by Orrstown Financial Services Inc.

Orrstown Financial Services Inc. boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 43.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,008 shares of the railroad operator’s stock after purchasing an additional 1,507 shares during the period. Orrstown Financial Services Inc.’s holdings in Union Pacific were worth $1,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in UNP. Forum Financial Management LP grew its holdings in Union Pacific by 0.6% during the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock worth $1,731,000 after acquiring an additional 41 shares during the period. Fairhaven Wealth Management LLC grew its stake in shares of Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock worth $584,000 after purchasing an additional 43 shares during the period. Chesapeake Wealth Management grew its stake in shares of Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after purchasing an additional 43 shares during the period. Fortis Capital Advisors LLC increased its holdings in shares of Union Pacific by 5.0% during the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after purchasing an additional 44 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV lifted its stake in shares of Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after purchasing an additional 44 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.7 %

UNP opened at $231.98 on Tuesday. The firm has a market capitalization of $140.64 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The company’s 50 day simple moving average is $245.74 and its two-hundred day simple moving average is $238.44. Union Pacific Co. has a 1-year low of $202.41 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $2.51 EPS. Analysts expect that Union Pacific Co. will post 11.02 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on UNP shares. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday. Barclays cut their price target on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research note on Friday. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday. Susquehanna dropped their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Wells Fargo & Company reduced their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.15.

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.