Union Pacific Co. (NYSE:UNP) Shares Acquired by Sompo Asset Management Co. Ltd.

Sompo Asset Management Co. Ltd. boosted its holdings in Union Pacific Co. (NYSE:UNP) by 49.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 24,653 shares of the railroad operator’s stock after buying an additional 8,183 shares during the period. Sompo Asset Management Co. Ltd.’s holdings in Union Pacific were worth $6,076,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Transcendent Capital Group LLC boosted its position in Union Pacific by 83.2% in the 1st quarter. Transcendent Capital Group LLC now owns 251 shares of the railroad operator’s stock valued at $62,000 after buying an additional 114 shares during the last quarter. Waverly Advisors LLC raised its position in shares of Union Pacific by 208.9% in the 1st quarter. Waverly Advisors LLC now owns 21,227 shares of the railroad operator’s stock valued at $5,220,000 after purchasing an additional 14,356 shares in the last quarter. Bayesian Capital Management LP bought a new position in Union Pacific during the 1st quarter valued at $4,623,000. Industrial Alliance Investment Management Inc. grew its stake in Union Pacific by 3.0% in the first quarter. Industrial Alliance Investment Management Inc. now owns 1,710 shares of the railroad operator’s stock worth $421,000 after purchasing an additional 50 shares in the last quarter. Finally, Whalerock Point Partners LLC grew its position in shares of Union Pacific by 3.8% in the 1st quarter. Whalerock Point Partners LLC now owns 21,719 shares of the railroad operator’s stock worth $5,341,000 after acquiring an additional 805 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 1.4 %

UNP stock opened at $242.39 on Friday. 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 has a market capitalization of $146.95 billion, a P/E ratio of 22.26, a P/E/G ratio of 2.37 and a beta of 1.06. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company’s 50 day simple moving average is $240.53 and its 200-day simple moving average is $238.51.

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

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. TD Cowen reduced their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Stifel Nicolaus dropped their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Finally, Sanford C. Bernstein reduced their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $259.80.

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.