Graypoint LLC Increases Stock Holdings in Union Pacific Co. (NYSE:UNP)

Graypoint LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,489 shares of the railroad operator’s stock after purchasing an additional 125 shares during the quarter. Graypoint LLC’s holdings in Union Pacific were worth $4,557,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in UNP. Cultivar Capital Inc. bought a new position in Union Pacific in the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific in the 2nd quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. boosted its position in shares of Union Pacific by 3,250.0% during 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 in the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific during the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific in the second quarter worth $31,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

NYSE UNP opened at $248.49 on Thursday. The stock has a market capitalization of $150.65 billion, a price-to-earnings ratio of 22.82, a PEG ratio of 2.27 and a beta of 1.06. Union Pacific Co. has a 1-year low of $208.14 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business’s fifty day moving average price is $243.88 and its 200-day moving average price is $238.53.

Union Pacific (NYSE:UNP) last announced 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 firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same period in the previous year, the business posted $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have commented on UNP. Robert W. Baird lowered their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Raymond James lifted their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Stifel Nicolaus lowered their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Sanford C. Bernstein cut their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Nine equities 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $259.15.

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.