Middleton & Co. Inc. MA Reduces Position in Union Pacific Co. (NYSE:UNP)

Middleton & Co. Inc. MA trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,879 shares of the railroad operator’s stock after selling 150 shares during the quarter. Middleton & Co. Inc. MA’s holdings in Union Pacific were worth $1,696,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Richardson Capital Management LLC bought a new position in Union Pacific in the 1st quarter worth about $26,000. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the second quarter worth approximately $28,000. Cultivar Capital Inc. bought a new stake in Union Pacific during the 2nd quarter valued at $27,000. Tributary Capital Management LLC bought a new position in shares of Union Pacific during the 1st quarter worth $30,000. Finally, Jamison Private Wealth Management Inc. increased its stake in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is currently owned by insiders.

Union Pacific Stock Performance

NYSE UNP opened at $230.30 on Friday. The business has a 50 day moving average price of $246.02 and a 200 day moving average price of $238.48. The company has a market capitalization of $140.30 billion, a P/E ratio of 21.62, a PEG ratio of 2.23 and a beta of 1.05. Union Pacific Co. has a 1-year low of $199.97 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the company posted $2.51 EPS. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. Sell-side analysts expect that Union Pacific Co. will post 11.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UNP has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday. Susquehanna cut their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. TD Cowen lowered their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Robert W. Baird dropped their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.15.

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.