Union Pacific Co. (NYSE:UNP) Shares Sold by Venturi Wealth Management LLC

Venturi Wealth Management LLC cut its position in Union Pacific Co. (NYSE:UNP) by 17.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,461 shares of the railroad operator’s stock after selling 1,148 shares during the quarter. Venturi Wealth Management LLC’s holdings in Union Pacific were worth $1,346,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake in shares of Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after buying an additional 106,996 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after buying an additional 518,985 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after buying an additional 124,571 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of Union Pacific by 5.7% during the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after buying an additional 237,083 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in shares of Union Pacific by 8.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock worth $954,530,000 after buying an additional 322,129 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.2 %

Shares of NYSE UNP opened at $241.95 on Tuesday. Union Pacific Co. has a 1 year low of $208.14 and a 1 year high of $258.66. The firm has a market cap of $146.68 billion, a price-to-earnings ratio of 22.22, a PEG ratio of 2.39 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock’s 50-day simple moving average is $243.38 and its 200-day simple moving average is $238.67.

Union Pacific (NYSE:UNP) last announced its 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). 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 for the quarter, compared to analysts’ expectations of $6.14 billion. During the same period in the previous year, the firm posted $2.51 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on UNP shares. Benchmark reissued a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. TD Cowen dropped their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Citigroup assumed coverage on Union Pacific in a report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 target price on the stock. Finally, Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.15.

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.