Union Pacific Co. (NYSE:UNP) Stock Position Increased by Commonwealth Retirement Investments LLC

Commonwealth Retirement Investments LLC lifted its holdings in Union Pacific Co. (NYSE:UNP) by 0.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,786 shares of the railroad operator’s stock after acquiring an additional 98 shares during the quarter. Union Pacific makes up about 1.1% of Commonwealth Retirement Investments LLC’s portfolio, making the stock its 29th biggest holding. Commonwealth Retirement Investments LLC’s holdings in Union Pacific were worth $2,659,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UNP. Shellback Capital LP increased its stake in Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new position in Union Pacific in the 3rd quarter worth approximately $834,000. Maj Invest Holding A S lifted its holdings in shares of Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after purchasing an additional 2,202 shares in the last quarter. M&G Plc acquired a new stake in shares of Union Pacific in the first quarter worth $10,378,000. Finally, Radnor Capital Management LLC purchased a new position in shares of Union Pacific during the third quarter valued at $2,923,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on UNP. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. TD Cowen lowered their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Royal Bank of Canada dropped their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, Barclays reduced their price target on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Stock Performance

Shares of UNP stock traded down $0.54 during mid-day trading on Tuesday, reaching $241.41. The stock had a trading volume of 547,873 shares, compared to its average volume of 2,304,586. The firm has a market cap of $146.36 billion, a PE ratio of 22.22, a P/E/G ratio of 2.39 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 Co. has a one year low of $208.14 and a one year high of $258.66. The firm’s 50 day simple moving average is $243.09 and its 200 day simple moving average is $238.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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 company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the firm posted $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, 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.