Mesirow Financial Investment Management Inc. Reduces Stock Holdings in Union Pacific Co. (NYSE:UNP)

Mesirow Financial Investment Management Inc. lowered its holdings in shares of Union Pacific Co. (NYSE:UNPFree Report) by 0.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 131,796 shares of the railroad operator’s stock after selling 485 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Union Pacific were worth $32,485,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Ameriprise Financial Inc. increased its holdings in Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Union Pacific by 7.6% in 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 purchasing an additional 518,985 shares in the last quarter. Legal & General Group Plc raised its holdings in Union Pacific by 2.1% in 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 purchasing an additional 124,571 shares during the period. Clearbridge Investments LLC lifted its position in Union Pacific by 5.7% during the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock valued at $1,081,348,000 after purchasing an additional 237,083 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its position in Union Pacific by 8.3% in the second 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. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on UNP shares. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Royal Bank of Canada lowered their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Bank of America reduced their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. 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 research note on Friday, October 25th. Finally, Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

View Our Latest Stock Analysis on Union Pacific

Union Pacific Price Performance

Union Pacific stock opened at $241.49 on Friday. Union Pacific Co. has a 52-week low of $208.14 and a 52-week high of $258.66. 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 firm’s fifty day moving average is $243.38 and its 200 day moving average is $238.61. The company has a market cap of $146.41 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.39 and a beta of 1.06.

Union Pacific (NYSE:UNPGet Free Report) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business 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 firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.51 earnings per share. Sell-side analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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