Union Pacific Co. (NYSE:UNP) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. boosted its holdings in Union Pacific Co. (NYSE:UNP) by 3.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,906 shares of the railroad operator’s stock after purchasing an additional 309 shares during the quarter. Harbour Investments Inc.’s holdings in Union Pacific were worth $2,195,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Entropy Technologies LP purchased a new position in shares of Union Pacific in the 3rd quarter valued at $3,539,000. Apollon Wealth Management LLC boosted its stake in Union Pacific by 1.0% in the third quarter. Apollon Wealth Management LLC now owns 40,268 shares of the railroad operator’s stock valued at $9,925,000 after acquiring an additional 411 shares in the last quarter. WCM Investment Management LLC increased its position in shares of Union Pacific by 326.6% during the third quarter. WCM Investment Management LLC now owns 5,870 shares of the railroad operator’s stock worth $1,433,000 after purchasing an additional 4,494 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its position in Union Pacific by 42.0% during the third quarter. Nations Financial Group Inc. IA ADV now owns 5,149 shares of the railroad operator’s stock worth $1,269,000 after buying an additional 1,522 shares during the period. Finally, Versor Investments LP acquired a new position in shares of Union Pacific in the 3rd quarter valued at $1,457,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.6 %

Shares of Union Pacific stock opened at $240.34 on Thursday. The business has a 50-day moving average price of $242.77 and a 200 day moving average price of $238.63. Union Pacific Co. has a fifty-two week low of $212.47 and a fifty-two week high of $258.66. The firm has a market cap of $145.71 billion, a P/E ratio of 22.07, a P/E/G ratio of 2.36 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

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 analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter last year, the firm posted $2.51 earnings per share. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

UNP has been the subject of a number of recent research reports. Citigroup increased their price objective on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday. Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday. Robert W. Baird dropped their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Stifel Nicolaus cut their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Raymond James upped their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Nine equities research 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. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $259.80.

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.