Cambiar Investors LLC Lowers Position in Union Pacific Co. (NYSE:UNP)

Cambiar Investors LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 15.1% in the 3rd quarter, Holdings Channel reports. The firm owned 194,444 shares of the railroad operator’s stock after selling 34,463 shares during the period. Union Pacific comprises 1.8% of Cambiar Investors LLC’s investment portfolio, making the stock its 24th largest holding. Cambiar Investors LLC’s holdings in Union Pacific were worth $47,927,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Shepherd Financial Partners LLC grew its stake in Union Pacific by 2.7% in the 3rd quarter. Shepherd Financial Partners LLC now owns 1,895 shares of the railroad operator’s stock worth $467,000 after buying an additional 50 shares in the last quarter. Lebenthal Global Advisors LLC grew its position in Union Pacific by 16.3% in the third quarter. Lebenthal Global Advisors LLC now owns 2,126 shares of the railroad operator’s stock worth $524,000 after acquiring an additional 298 shares in the last quarter. Principal Securities Inc. increased its stake in Union Pacific by 2.4% in the third quarter. Principal Securities Inc. now owns 14,067 shares of the railroad operator’s stock valued at $3,467,000 after acquiring an additional 328 shares during the last quarter. Stephens Inc. AR raised its position in Union Pacific by 8.2% during the third quarter. Stephens Inc. AR now owns 42,944 shares of the railroad operator’s stock valued at $10,585,000 after purchasing an additional 3,256 shares in the last quarter. Finally, Norris Perne & French LLP MI raised its position in Union Pacific by 0.7% during the third quarter. Norris Perne & French LLP MI now owns 92,893 shares of the railroad operator’s stock valued at $22,896,000 after purchasing an additional 629 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on UNP. Wells Fargo & Company reduced their price objective on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Susquehanna cut their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Bank of America reduced their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Finally, Royal Bank of Canada decreased their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.15.

Union Pacific Trading Up 0.3 %

Shares of UNP stock opened at $232.69 on Friday. The stock has a market capitalization of $141.07 billion, a P/E ratio of 21.37, a P/E/G ratio of 2.29 and a beta of 1.06. 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 firm’s 50 day moving average is $244.66 and its 200 day moving average is $238.33. Union Pacific Co. has a 12-month low of $207.74 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 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 business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same period in the prior year, the company posted $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. Research analysts expect that Union Pacific Co. will post 10.97 earnings per share for the current 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.