Accredited Investors Inc. Takes Position in Union Pacific Co. (NYSE:UNP)

Accredited Investors Inc. bought a new stake in Union Pacific Co. (NYSE:UNP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 843 shares of the railroad operator’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Turtle Creek Wealth Advisors LLC acquired a new position in Union Pacific in the third quarter valued at $235,000. LJI Wealth Management LLC grew its holdings in shares of Union Pacific by 3.2% during the third quarter. LJI Wealth Management LLC now owns 2,204 shares of the railroad operator’s stock worth $543,000 after buying an additional 68 shares during the last quarter. Heritage Investment Group Inc. increased its position 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 acquiring an additional 64 shares during the period. RIA Advisory Group LLC purchased a new stake in Union Pacific during the 3rd quarter valued at approximately $353,000. Finally, Nicollet Investment Management Inc. lifted its position in Union Pacific by 0.8% during the 3rd quarter. Nicollet Investment Management Inc. now owns 20,510 shares of the railroad operator’s stock worth $5,055,000 after acquiring an additional 158 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on UNP shares. Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Citigroup upped their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Wells Fargo & Company dropped their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Finally, 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 report on Tuesday, September 24th. Nine 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 stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Price Performance

Shares of NYSE UNP opened at $235.57 on Monday. 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 market cap of $142.82 billion, a price-to-earnings ratio of 21.63, a PEG ratio of 2.33 and a beta of 1.06. The company’s 50-day moving average price is $241.86 and its 200 day moving average price is $238.62. Union Pacific Co. has a 52 week low of $216.79 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the prior year, the company earned $2.51 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

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.