Boston Trust Walden Corp trimmed its position in Union Pacific Co. (NYSE:UNP – Free Report) by 5.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 505,898 shares of the railroad operator’s stock after selling 26,448 shares during the quarter. Union Pacific comprises about 0.9% of Boston Trust Walden Corp’s investment portfolio, making the stock its 24th biggest position. Boston Trust Walden Corp owned about 0.08% of Union Pacific worth $124,694,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the company. Richardson Capital Management LLC bought a new position in shares of Union Pacific during the 1st quarter valued at approximately $26,000. Cultivar Capital Inc. bought a new position in Union Pacific during the second quarter valued at $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific in the 2nd quarter worth $28,000. Tributary Capital Management LLC bought a new stake in shares of Union Pacific in the 1st quarter worth about $30,000. Finally, Financial Gravity Asset Management Inc. raised its position in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research analysts recently commented on UNP shares. Wells Fargo & Company dropped their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday. Citigroup started coverage on Union Pacific in a research report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 target price on the stock. Royal Bank of Canada decreased their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Susquehanna reduced their target price 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. Nine 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $259.15.
Union Pacific Stock Down 0.2 %
Shares of Union Pacific stock traded down $0.45 during trading on Friday, hitting $230.30. 2,952,224 shares of the stock traded hands, compared to its average volume of 2,281,261. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The stock’s fifty day simple moving average is $246.02 and its 200 day simple moving average is $238.48. The firm has a market cap of $140.30 billion, a P/E ratio of 21.62, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities analysts predict that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.28% of the stock is owned by company insiders.
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.
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