Union Pacific Co. (NYSE:UNP) Shares Sold by Stevens Capital Partners

Stevens Capital Partners cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 8.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,472 shares of the railroad operator’s stock after selling 3,645 shares during the period. Union Pacific makes up 4.8% of Stevens Capital Partners’ holdings, making the stock its 4th biggest holding. Stevens Capital Partners’ holdings in Union Pacific were worth $9,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Cultivar Capital Inc. purchased a new position in shares of Union Pacific in the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific in the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. boosted its stake in shares of Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares during the period. Fairscale Capital LLC purchased a new position in shares of Union Pacific in the second quarter valued at approximately $31,000. Finally, Jamison Private Wealth Management Inc. boosted its stake in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of Union Pacific stock traded up $0.62 during trading on Friday, reaching $232.69. The company’s stock had a trading volume of 2,653,306 shares, compared to its average volume of 2,342,995. The company has a 50-day moving average price of $244.66 and a two-hundred day moving average price of $238.33. The firm has a market cap of $141.07 billion, a PE ratio of 21.37, a P/E/G ratio of 2.29 and a beta of 1.06. Union Pacific Co. has a fifty-two week low of $207.74 and a fifty-two week high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last announced 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). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.51 earnings per share. On average, analysts forecast that Union Pacific Co. will post 10.97 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on UNP. Raymond James raised their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Wells Fargo & Company decreased their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Bank of America decreased their price target 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. Finally, Citigroup began coverage on shares of Union Pacific in a research note on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price target for the company. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.15.

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.