Krane Funds Advisors LLC Has $75,000 Stock Holdings in Union Pacific Co. (NYSE:UNP)

Krane Funds Advisors LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 75.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 306 shares of the railroad operator’s stock after selling 963 shares during the period. Krane Funds Advisors LLC’s holdings in Union Pacific were worth $75,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Perpetual Ltd boosted its stake in Union Pacific by 92.9% during the first quarter. Perpetual Ltd now owns 8,962 shares of the railroad operator’s stock worth $2,204,000 after acquiring an additional 4,316 shares in the last quarter. Wedmont Private Capital boosted its position in shares of Union Pacific by 7.0% during the 1st quarter. Wedmont Private Capital now owns 3,454 shares of the railroad operator’s stock worth $832,000 after purchasing an additional 227 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of Union Pacific by 2.6% in the 1st quarter. Park Avenue Securities LLC now owns 30,833 shares of the railroad operator’s stock valued at $7,583,000 after buying an additional 768 shares during the period. Aprio Wealth Management LLC bought a new stake in Union Pacific in the 1st quarter valued at about $202,000. Finally, Marcum Wealth LLC raised its stake in Union Pacific by 7.7% during the 1st quarter. Marcum Wealth LLC now owns 3,208 shares of the railroad operator’s stock worth $789,000 after buying an additional 228 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.26% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently issued reports on UNP shares. Benchmark reissued a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Monday, July 29th. Royal Bank of Canada lifted their price objective on shares of Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a report on Monday, September 30th. BMO Capital Markets lowered their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Stifel Nicolaus cut their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Finally, Citigroup started coverage on Union Pacific in a research note on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price objective for the company. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.25.

Union Pacific Stock Down 2.6 %

Shares of NYSE UNP opened at $241.71 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The stock has a market capitalization of $147.25 billion, a PE ratio of 22.70, a P/E/G ratio of 2.27 and a beta of 1.05. Union Pacific Co. has a one year low of $199.97 and a one year high of $258.66. The business’s fifty day moving average price is $246.28 and its 200-day moving average price is $238.63.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.57 earnings per share. On average, equities research analysts anticipate that Union Pacific Co. will post 11.07 EPS for the current year.

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.