Union Pacific Co. (NYSE:UNP) Shares Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 5.8% in the third quarter, HoldingsChannel reports. The firm owned 1,812 shares of the railroad operator’s stock after purchasing an additional 100 shares during the quarter. Plato Investment Management Ltd’s holdings in Union Pacific were worth $446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter valued at $27,000. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the 2nd quarter worth about $28,000. Financial Gravity Asset Management Inc. increased its stake in shares of Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC bought a new stake in shares of Union Pacific during the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Robert W. Baird dropped their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Trading Down 2.0 %

NYSE:UNP opened at $235.58 on Friday. The stock has a fifty day simple moving average of $242.46 and a 200 day simple moving average of $238.64. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $142.82 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.38 and a beta of 1.06. Union Pacific Co. has a 1-year low of $215.81 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the firm earned $2.51 EPS. The firm’s revenue was up 2.5% compared to the same quarter last year. Sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

About Union Pacific

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.