Pegasus Partners Ltd. Purchases 318 Shares of Union Pacific Co. (NYSE:UNP)

Pegasus Partners Ltd. boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 33.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,274 shares of the railroad operator’s stock after buying an additional 318 shares during the quarter. Pegasus Partners Ltd.’s holdings in Union Pacific were worth $314,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Windward Capital Management Co. CA grew its stake in shares of Union Pacific by 1.6% in the third quarter. Windward Capital Management Co. CA now owns 22,199 shares of the railroad operator’s stock worth $5,472,000 after purchasing an additional 354 shares during the last quarter. Provident Trust Co. bought a new stake in shares of Union Pacific in the 3rd quarter worth approximately $209,000. Holistic Planning LLC increased its stake in shares of Union Pacific by 38.8% during the third quarter. Holistic Planning LLC now owns 2,738 shares of the railroad operator’s stock valued at $675,000 after buying an additional 765 shares during the period. CWA Asset Management Group LLC purchased a new stake in Union Pacific in the third quarter worth $1,865,000. Finally, Equitable Trust Co. boosted its holdings in Union Pacific by 0.5% in the third quarter. Equitable Trust Co. now owns 24,522 shares of the railroad operator’s stock valued at $6,044,000 after acquiring an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of several research analyst reports. Robert W. Baird dropped their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. TD Cowen decreased their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Sanford C. Bernstein lowered their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Nine investment 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Trading Down 0.4 %

Shares of NYSE:UNP opened at $241.49 on Friday. Union Pacific Co. has a 1 year low of $208.14 and a 1 year high of $258.66. The stock’s fifty day moving average price is $243.38 and its 200-day moving average price is $238.61. The company has a market cap of $146.41 billion, a P/E ratio of 22.18, a PEG ratio of 2.46 and a beta of 1.06. 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 announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) 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 analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.51 EPS. Sell-side analysts expect that Union Pacific Co. will post 10.94 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.