DE Burlo Group Inc. lessened its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 35.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,664 shares of the railroad operator’s stock after selling 900 shares during the quarter. DE Burlo Group Inc.’s holdings in Union Pacific were worth $410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. increased its holdings in shares of Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Union Pacific by 2.1% during the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after purchasing an additional 124,571 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Union Pacific by 8.3% during the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after purchasing an additional 322,129 shares in the last quarter. Capital World Investors boosted its stake in shares of Union Pacific by 35.3% during the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after purchasing an additional 1,073,625 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in Union Pacific by 2.1% in the third quarter. Raymond James & Associates now owns 2,767,216 shares of the railroad operator’s stock valued at $682,063,000 after acquiring an additional 57,652 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently commented on UNP. Citigroup lifted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. lowered their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 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 research report on Friday, October 25th. Finally, TD Cowen decreased their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Nine 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 currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.
Union Pacific Stock Up 0.1 %
UNP stock opened at $233.56 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 business’s 50 day simple moving average is $240.86 and its 200 day simple moving average is $238.51. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The firm has a market capitalization of $141.60 billion, a PE ratio of 21.45, a PEG ratio of 2.31 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last released 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 return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the company posted $2.51 earnings per share. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current year.
About Union Pacific
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.
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