Union Pacific Co. (NYSE:UNP) Shares Purchased by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 33.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 569,862 shares of the railroad operator’s stock after purchasing an additional 142,590 shares during the period. Westfield Capital Management Co. LP owned 0.09% of Union Pacific worth $140,460,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Transcendent Capital Group LLC grew its stake in Union Pacific by 83.2% during the first quarter. Transcendent Capital Group LLC now owns 251 shares of the railroad operator’s stock worth $62,000 after buying an additional 114 shares during the period. Waverly Advisors LLC grew its holdings in Union Pacific by 208.9% during 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 acquired a new stake in Union Pacific during the 1st quarter valued at $4,623,000. Industrial Alliance Investment Management Inc. grew its holdings in Union Pacific by 3.0% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 1,710 shares of the railroad operator’s stock valued at $421,000 after purchasing an additional 50 shares in the last quarter. Finally, Whalerock Point Partners LLC grew its holdings in Union Pacific by 3.8% during the 1st quarter. Whalerock Point Partners LLC now owns 21,719 shares of the railroad operator’s stock valued at $5,341,000 after purchasing an additional 805 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock opened at $242.39 on Friday. The firm’s 50 day simple moving average is $240.53 and its 200-day simple moving average is $238.51. The company has a market cap of $146.95 billion, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 2.37 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. 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 released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s revenue was up 2.5% on a year-over-year basis. During the same period last year, the business earned $2.51 earnings per share. As a group, equities research analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Barclays raised their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Sanford C. Bernstein decreased their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. TD Cowen decreased their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price 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.