Deseret Mutual Benefit Administrators Sells 313 Shares of Union Pacific Co. (NYSE:UNP)

Deseret Mutual Benefit Administrators cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 6.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,220 shares of the railroad operator’s stock after selling 313 shares during the quarter. Deseret Mutual Benefit Administrators’ holdings in Union Pacific were worth $1,040,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Cultivar Capital Inc. bought a new stake in Union Pacific in the 2nd quarter valued at about $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. increased its holdings in shares of Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific during the third quarter worth approximately $30,000. Finally, Fairscale Capital LLC bought a new position in shares of Union Pacific in the 2nd quarter worth $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE UNP opened at $248.49 on Thursday. 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 fifty day simple moving average of $243.88 and a two-hundred day simple moving average of $238.53. 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 $150.65 billion, a price-to-earnings ratio of 22.82, a price-to-earnings-growth ratio of 2.27 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted 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 firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the company posted $2.51 EPS. The firm’s revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Susquehanna decreased their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Stifel Nicolaus lowered their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Sanford C. Bernstein cut their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Raymond James increased their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Finally, JPMorgan Chase & Co. cut their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Nine 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 company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.