Galvin Gaustad & Stein LLC Has $18.72 Million Holdings in Union Pacific Co. (NYSE:UNP)

Galvin Gaustad & Stein LLC lessened its stake in Union Pacific Co. (NYSE:UNP) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,935 shares of the railroad operator’s stock after selling 1,520 shares during the quarter. Union Pacific comprises 1.7% of Galvin Gaustad & Stein LLC’s investment portfolio, making the stock its 23rd biggest position. Galvin Gaustad & Stein LLC’s holdings in Union Pacific were worth $18,716,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Forum Financial Management LP boosted its stake in Union Pacific by 0.6% in the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock worth $1,731,000 after purchasing an additional 41 shares during the period. Fairhaven Wealth Management LLC raised its holdings in shares of Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares in the last quarter. Chesapeake Wealth Management increased its stake in Union Pacific by 0.5% in the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after purchasing an additional 43 shares during the period. Fortis Capital Advisors LLC increased its stake in Union Pacific by 5.0% in the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after purchasing an additional 44 shares during the period. Finally, Azzad Asset Management Inc. ADV increased its stake in Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after purchasing an additional 44 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on UNP. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Barclays dropped their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Royal Bank of Canada lowered 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, October 25th. Raymond James upped their price objective on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Finally, Wells Fargo & Company reduced 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, October 25th. 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Trading Down 0.4 %

Shares of NYSE UNP opened at $241.49 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The business’s 50 day moving average price is $243.38 and its 200-day moving average price is $238.61. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The company has a market cap of $146.41 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.46 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly 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 business 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 company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.51 earnings per share. On average, sell-side analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.