Schear Investment Advisers LLC Boosts Stake in Union Pacific Co. (NYSE:UNP)

Schear Investment Advisers LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 8.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,372 shares of the railroad operator’s stock after acquiring an additional 587 shares during the quarter. Union Pacific accounts for approximately 1.1% of Schear Investment Advisers LLC’s investment portfolio, making the stock its 27th biggest holding. Schear Investment Advisers LLC’s holdings in Union Pacific were worth $1,817,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Accredited Investors Inc. purchased a new stake in shares of Union Pacific during the 3rd quarter worth about $208,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Union Pacific during the 3rd quarter worth about $235,000. LJI Wealth Management LLC boosted its stake in shares of Union Pacific by 3.2% during the 3rd quarter. LJI Wealth Management LLC now owns 2,204 shares of the railroad operator’s stock worth $543,000 after acquiring an additional 68 shares in the last quarter. Heritage Investment Group Inc. lifted its stake in Union Pacific by 2.8% in the 3rd quarter. Heritage Investment Group Inc. now owns 2,353 shares of the railroad operator’s stock valued at $580,000 after buying an additional 64 shares in the last quarter. Finally, RIA Advisory Group LLC purchased a new position in Union Pacific in the 3rd quarter valued at about $353,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Down 0.0 %

Shares of NYSE UNP opened at $235.57 on Friday. The company has a 50 day simple moving average of $241.86 and a 200-day simple moving average of $238.59. The company has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.33 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 Co. has a 1 year low of $216.79 and a 1 year high of $258.66.

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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the business earned $2.51 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. On average, equities research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. Stifel Nicolaus decreased their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Bank of America decreased their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Robert W. Baird decreased their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Citigroup raised their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Finally, Barclays raised their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

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.