Main Street Financial Solutions LLC Sells 719 Shares of Union Pacific Co. (NYSE:UNP)

Main Street Financial Solutions LLC lowered its stake in Union Pacific Co. (NYSE:UNP) by 18.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,120 shares of the railroad operator’s stock after selling 719 shares during the period. Main Street Financial Solutions LLC’s holdings in Union Pacific were worth $769,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Koshinski Asset Management Inc. raised its position in Union Pacific by 29.5% during the 1st quarter. Koshinski Asset Management Inc. now owns 2,571 shares of the railroad operator’s stock valued at $632,000 after purchasing an additional 585 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in Union Pacific by 7.4% in the first quarter. Kingsview Wealth Management LLC now owns 24,109 shares of the railroad operator’s stock worth $5,929,000 after acquiring an additional 1,658 shares during the period. Leo Wealth LLC boosted its holdings in Union Pacific by 48.1% in the first quarter. Leo Wealth LLC now owns 1,579 shares of the railroad operator’s stock valued at $387,000 after acquiring an additional 513 shares in the last quarter. Trillium Asset Management LLC increased its position in Union Pacific by 1,025.0% during the 1st quarter. Trillium Asset Management LLC now owns 61,517 shares of the railroad operator’s stock valued at $15,129,000 after purchasing an additional 56,049 shares during the period. Finally, Brighton Jones LLC raised its holdings in Union Pacific by 7.2% in the 1st quarter. Brighton Jones LLC now owns 11,109 shares of the railroad operator’s stock worth $2,732,000 after purchasing an additional 749 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.6 %

UNP stock opened at $240.34 on Thursday. 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 $212.47 and a 1-year high of $258.66. The stock has a market capitalization of $145.71 billion, a P/E ratio of 22.07, a P/E/G ratio of 2.36 and a beta of 1.06. The business has a fifty day moving average price of $242.77 and a 200-day moving average price of $238.63.

Union Pacific (NYSE:UNP) last posted 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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the company posted $2.51 EPS. Union Pacific’s revenue was up 2.5% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Citigroup lifted their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” 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 given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.