KCM Investment Advisors LLC Has $7.51 Million Position in Union Pacific Co. (NYSE:UNP)

KCM Investment Advisors LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 1.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,480 shares of the railroad operator’s stock after selling 523 shares during the period. KCM Investment Advisors LLC’s holdings in Union Pacific were worth $7,513,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its holdings in Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Capital Research Global Investors increased its holdings in Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Legal & General Group Plc increased its holdings in Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after buying an additional 124,571 shares during the last quarter. Clearbridge Investments LLC increased its holdings in Union Pacific by 5.7% in the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after buying an additional 237,083 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in Union Pacific by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock worth $954,530,000 after buying an additional 322,129 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of recent analyst reports. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Sanford C. Bernstein reduced their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Finally, Barclays increased their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Price Performance

Shares of NYSE:UNP traded up $0.43 during midday trading on Friday, reaching $236.01. The company’s stock had a trading volume of 425,562 shares, compared to its average volume of 2,307,545. Union Pacific Co. has a fifty-two week low of $216.79 and a fifty-two week high of $258.66. The company has a market capitalization of $143.08 billion, a P/E ratio of 21.78, a P/E/G ratio of 2.38 and a beta of 1.06. 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 simple moving average is $242.14 and its 200-day simple moving average is $238.62.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the business posted $2.51 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. As a group, equities research analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

About Union Pacific

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.