First County Bank CT Buys 198 Shares of Union Pacific Co. (NYSE:UNP)

First County Bank CT raised its position in shares of Union Pacific Co. (NYSE:UNP) by 2.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,702 shares of the railroad operator’s stock after acquiring an additional 198 shares during the period. Union Pacific makes up approximately 1.1% of First County Bank CT’s investment portfolio, making the stock its 22nd largest position. First County Bank CT’s holdings in Union Pacific were worth $2,145,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Cultivar Capital Inc. bought a new stake in shares of Union Pacific in the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific during the second quarter worth about $28,000. Financial Gravity Asset Management Inc. grew its stake in 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 worth $30,000 after buying an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific in the 3rd quarter valued at approximately $30,000. Finally, Fairscale Capital LLC bought a new stake in Union Pacific during the second quarter worth $31,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 2.3 %

UNP stock opened at $239.02 on Friday. The stock’s 50 day simple moving average is $240.67 and its 200 day simple moving average is $238.52. The company has a market cap of $144.91 billion, a P/E ratio of 21.95, a price-to-earnings-growth ratio of 2.31 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. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 24th. The railroad operator reported $2.75 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 business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the firm earned $2.51 earnings per share. The company’s revenue was up 2.5% on a year-over-year basis. On average, research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on UNP. Robert W. Baird lowered their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Wells Fargo & Company reduced their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Stifel Nicolaus lowered their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.80.

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.