Union Pacific Co. (NYSE:UNP) Holdings Boosted by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.4% in the 3rd quarter, Holdings Channel reports. The firm owned 89,797 shares of the railroad operator’s stock after acquiring an additional 1,209 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Union Pacific were worth $22,130,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. grew its stake in Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Capital Research Global Investors grew its position in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Union Pacific by 2.1% in the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after acquiring an additional 124,571 shares during the period. Clearbridge Investments LLC lifted its position in Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock valued at $1,081,348,000 after purchasing an additional 237,083 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in Union Pacific by 8.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after purchasing an additional 322,129 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.2 %

NYSE UNP traded down $0.45 on Friday, hitting $230.30. 2,952,224 shares of the stock were exchanged, compared to its average volume of 2,281,261. The company’s 50-day moving average price is $246.02 and its two-hundred day moving average price is $238.48. The company has a market capitalization of $140.30 billion, a price-to-earnings ratio of 21.62, a P/E/G ratio of 2.23 and a beta of 1.05. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results 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). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business 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 quarterly revenue was up 2.5% on a year-over-year basis. Research analysts predict that Union Pacific Co. will post 11.07 EPS for the current year.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.28% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UNP. Raymond James lifted their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday. Stifel Nicolaus reduced their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday. Bank of America decreased their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Finally, Barclays cut their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $259.15.

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.