1834 Investment Advisors Co. Sells 1,211 Shares of Union Pacific Co. (NYSE:UNP)

1834 Investment Advisors Co. reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 11.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,477 shares of the railroad operator’s stock after selling 1,211 shares during the quarter. 1834 Investment Advisors Co.’s holdings in Union Pacific were worth $2,336,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in UNP. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the second quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the 2nd quarter valued at $28,000. Financial Gravity Asset Management Inc. increased its position in 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 worth $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter worth $30,000. Finally, Fairscale Capital LLC bought a new stake in shares of Union Pacific in the second quarter valued at about $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. TD Cowen dropped their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Raymond James increased their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Citigroup began coverage on Union Pacific in a research report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 target price for the company. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Stock Up 1.7 %

Shares of NYSE UNP opened at $233.85 on Wednesday. Union Pacific Co. has a 1 year low of $208.14 and a 1 year high of $258.66. 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 cap of $141.77 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 2.27 and a beta of 1.06. The company has a 50 day simple moving average of $243.96 and a 200 day simple moving average of $238.46.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results 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%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.51 EPS. On average, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Company 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.