Janney Montgomery Scott LLC Acquires 369 Shares of Union Pacific Co. (NYSE:UNP)

Janney Montgomery Scott LLC boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 206,988 shares of the railroad operator’s stock after buying an additional 369 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Union Pacific were worth $51,018,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Cultivar Capital Inc. bought a new position in shares of Union Pacific in the 2nd quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. lifted 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 worth $30,000 after buying an additional 130 shares during the last quarter. Fairscale Capital LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth $31,000. Finally, Jamison Private Wealth Management Inc. grew its stake in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.3 %

Shares of NYSE:UNP opened at $232.69 on Monday. The company has a market capitalization of $141.07 billion, a PE ratio of 21.37, a P/E/G ratio of 2.29 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company’s fifty day moving average is $244.66 and its 200-day moving average is $238.45. Union Pacific Co. has a 52 week low of $207.74 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 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 firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the company posted $2.51 earnings per share. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities research analysts predict that Union Pacific Co. will post 10.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Bank of America cut their target price 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. Citigroup started coverage on Union Pacific in a report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 target price on the stock. Wells Fargo & Company cut their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Barclays lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Finally, TD Cowen dropped their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.