E. Ohman J or Asset Management AB Has $6.54 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

E. Ohman J or Asset Management AB lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.1% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,536 shares of the railroad operator’s stock after selling 1,127 shares during the period. E. Ohman J or Asset Management AB’s holdings in Union Pacific were worth $6,541,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Richardson Capital Management LLC bought a new position in shares of Union Pacific in the first quarter worth about $26,000. Cultivar Capital Inc. bought a new position in Union Pacific in the 2nd quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter valued at approximately $28,000. Tributary Capital Management LLC bought a new stake in shares of Union Pacific during the first quarter worth $30,000. Finally, Financial Gravity Asset Management Inc. increased its holdings in shares of Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein reduced their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. TD Cowen reduced their target price on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Citigroup began coverage on shares of Union Pacific in a research note on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price target for the company. Finally, Bank of America decreased their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $260.53.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Down 4.4 %

Union Pacific stock opened at $230.75 on Friday. The company has a market capitalization of $140.57 billion, a PE ratio of 21.67, a PEG ratio of 2.23 and a beta of 1.05. Union Pacific Co. has a 12-month low of $199.97 and a 12-month high of $258.66. The firm’s fifty day moving average is $246.57 and its 200 day moving average is $238.60. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.76 by ($0.01). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.51 EPS. As a group, sell-side analysts predict that Union Pacific Co. will post 11.07 EPS for the current fiscal 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.