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

Harbour Investments Inc. boosted its position in Union Pacific Co. (NYSE:UNP) by 3.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 8,906 shares of the railroad operator’s stock after acquiring 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.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Entropy Technologies LP acquired a new position in shares of Union Pacific in the third quarter worth about $3,539,000. Apollon Wealth Management LLC raised its position in shares of Union Pacific by 1.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 40,268 shares of the railroad operator’s stock valued at $9,925,000 after purchasing an additional 411 shares in the last quarter. WCM Investment Management LLC boosted its stake in shares of Union Pacific by 326.6% during the 3rd quarter. WCM Investment Management LLC now owns 5,870 shares of the railroad operator’s stock valued at $1,433,000 after buying an additional 4,494 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of 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 in the last quarter. Finally, Versor Investments LP acquired a new stake in Union Pacific in the third quarter valued at $1,457,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on UNP shares. TD Cowen decreased their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Citigroup boosted their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday. Robert W. Baird reduced their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Benchmark restated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Stock Up 0.6 %

Union Pacific stock opened at $240.34 on Thursday. The company’s 50-day moving average price is $242.77 and its two-hundred day moving average price is $238.63. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a market cap of $145.71 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 2.36 and a beta of 1.06. Union Pacific Co. has a 52 week low of $212.47 and a 52 week high of $258.66.

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 the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate 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 was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.51 earnings per share. On average, analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal 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.