Union Pacific Co. (NYSE:UNP) Stake Lessened by GSA Capital Partners LLP

GSA Capital Partners LLP trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 49.5% during the third quarter, HoldingsChannel reports. The fund owned 6,101 shares of the railroad operator’s stock after selling 5,984 shares during the quarter. GSA Capital Partners LLP’s holdings in Union Pacific were worth $1,504,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in UNP. Shellback Capital LP grew its stake in Union Pacific by 28.2% in the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new position in shares of Union Pacific in the 3rd quarter worth approximately $834,000. Maj Invest Holding A S increased its holdings in shares of Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after acquiring an additional 2,202 shares during the last quarter. M&G Plc acquired a new stake in shares of Union Pacific during the 1st quarter valued at approximately $10,378,000. Finally, Radnor Capital Management LLC bought a new position in Union Pacific during the third quarter worth $2,923,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP opened at $238.91 on Wednesday. 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 firm’s 50 day moving average is $243.09 and its 200-day moving average is $238.66. Union Pacific Co. has a 12-month low of $208.14 and a 12-month high of $258.66. The stock has a market capitalization of $144.84 billion, a P/E ratio of 21.94, a P/E/G ratio of 2.39 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly 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). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.51 EPS. Equities research analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Stifel Nicolaus lowered their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. TD Cowen cut their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Finally, Bank of America lowered their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $259.30.

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.