Cutter & CO Brokerage Inc. Sells 1,038 Shares of Union Pacific Co. (NYSE:UNP)

Cutter & CO Brokerage Inc. reduced its stake in Union Pacific Co. (NYSE:UNP) by 4.7% during the third quarter, Holdings Channel.com reports. The firm owned 20,861 shares of the railroad operator’s stock after selling 1,038 shares during the quarter. Union Pacific accounts for approximately 1.2% of Cutter & CO Brokerage Inc.’s holdings, making the stock its 22nd largest position. Cutter & CO Brokerage Inc.’s holdings in Union Pacific were worth $5,142,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Claro Advisors LLC boosted its position in shares of Union Pacific by 21.8% in the first quarter. Claro Advisors LLC now owns 1,214 shares of the railroad operator’s stock worth $299,000 after purchasing an additional 217 shares during the period. Tributary Capital Management LLC purchased a new stake in Union Pacific in the 1st quarter worth $30,000. Capital Advisors Ltd. LLC raised its holdings in Union Pacific by 3.4% during the first quarter. Capital Advisors Ltd. LLC now owns 1,667 shares of the railroad operator’s stock valued at $410,000 after acquiring an additional 55 shares during the period. Naviter Wealth LLC lifted its position in shares of Union Pacific by 26.6% in the first quarter. Naviter Wealth LLC now owns 5,686 shares of the railroad operator’s stock valued at $1,398,000 after acquiring an additional 1,195 shares in the last quarter. Finally, Silverlake Wealth Management LLC bought a new position in shares of Union Pacific in the first quarter worth about $207,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the company. TD Cowen lowered their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday. JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Benchmark reiterated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research note on Friday. Finally, Susquehanna reduced their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Trading Up 0.1 %

NYSE:UNP traded up $0.16 during mid-day trading on Tuesday, hitting $232.14. 126,595 shares of the stock traded hands, compared to its average volume of 2,271,991. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $140.74 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.26 and a beta of 1.05. Union Pacific Co. has a 52 week low of $202.41 and a 52 week high of $258.66. The firm’s 50 day moving average is $245.74 and its two-hundred day moving average is $238.44.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the previous year, the company posted $2.51 earnings per share. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts predict that Union Pacific Co. will post 11.02 earnings per share 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.