Golden State Equity Partners Has $1.17 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Golden State Equity Partners cut its stake in Union Pacific Co. (NYSE:UNP) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,746 shares of the railroad operator’s stock after selling 109 shares during the quarter. Golden State Equity Partners’ holdings in Union Pacific were worth $1,170,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Marshall Wace LLP increased its position in shares of Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after purchasing an additional 1,227,318 shares during the last quarter. Capital World Investors boosted its stake in Union Pacific by 35.3% in the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after acquiring an additional 1,073,625 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after purchasing an additional 891,555 shares during the period. Capital Research Global Investors grew its stake in shares of Union Pacific by 7.6% during the 1st 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 period. Finally, Bridges Investment Management Inc. lifted its stake in shares of Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after buying an additional 458,664 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 0.5 %

Shares of UNP stock traded up $1.05 during trading hours on Wednesday, reaching $233.04. 112,855 shares of the stock were exchanged, compared to its average volume of 2,278,543. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $204.63 and a 12-month high of $258.66. The firm has a market capitalization of $141.28 billion, a price-to-earnings ratio of 21.31, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The company’s 50-day moving average price is $245.45 and its 200-day moving average price is $238.43.

Union Pacific (NYSE:UNP) last released its earnings results 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). The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.51 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.02 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on UNP. Robert W. Baird cut their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Benchmark reaffirmed a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Barclays reduced their price target on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus 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.