Semanteon Capital Management LP Makes New $409,000 Investment in Union Pacific Co. (NYSE:UNP)

Semanteon Capital Management LP bought a new position in shares of Union Pacific Co. (NYSE:UNP) in the third quarter, HoldingsChannel reports. The firm bought 1,660 shares of the railroad operator’s stock, valued at approximately $409,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baker Tilly Wealth Management LLC grew its holdings in shares of Union Pacific by 19.8% during the third quarter. Baker Tilly Wealth Management LLC now owns 3,541 shares of the railroad operator’s stock worth $873,000 after buying an additional 586 shares in the last quarter. Pointe Capital Management LLC grew its holdings in shares of Union Pacific by 9.6% during the third quarter. Pointe Capital Management LLC now owns 3,228 shares of the railroad operator’s stock worth $796,000 after buying an additional 284 shares in the last quarter. Motiv8 Investments LLC grew its holdings in Union Pacific by 15.7% in the third quarter. Motiv8 Investments LLC now owns 3,256 shares of the railroad operator’s stock valued at $803,000 after purchasing an additional 443 shares during the period. J.W. Cole Advisors Inc. grew its holdings in Union Pacific by 8.8% in the third quarter. J.W. Cole Advisors Inc. now owns 13,694 shares of the railroad operator’s stock valued at $3,375,000 after purchasing an additional 1,103 shares during the period. Finally, State of Alaska Department of Revenue grew its holdings in Union Pacific by 3.3% in the third quarter. State of Alaska Department of Revenue now owns 72,618 shares of the railroad operator’s stock valued at $17,898,000 after purchasing an additional 2,325 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UNP. Stifel Nicolaus lowered their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday. Citigroup began coverage on shares of Union Pacific in a report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Trading Up 0.7 %

NYSE UNP opened at $231.98 on Tuesday. The company’s fifty day simple moving average is $245.74 and its 200-day simple moving average is $238.44. Union Pacific Co. has a 52 week low of $202.41 and a 52 week high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a market cap of $140.64 billion, a P/E ratio of 21.30, a PEG ratio of 2.26 and a beta of 1.05.

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

Union Pacific 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.