Union Pacific Co. (NYSE:UNP) Position Cut by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 4.4% in the 3rd quarter, Holdings Channel reports. The fund owned 47,654 shares of the railroad operator’s stock after selling 2,215 shares during the period. Gulf International Bank UK Ltd’s holdings in Union Pacific were worth $11,745,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the 2nd quarter valued at approximately $28,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter valued at $27,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific during the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. lifted its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the period. Finally, Fairscale Capital LLC acquired a new position in Union Pacific during the 2nd quarter valued at about $31,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of UNP opened at $229.91 on Tuesday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market cap of $139.39 billion, a PE ratio of 21.11, a PEG ratio of 2.30 and a beta of 1.06. Union Pacific Co. has a twelve month low of $208.14 and a twelve month high of $258.66. The firm’s 50 day moving average price is $244.29 and its 200 day moving average price is $238.45.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) 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 the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same quarter in the prior year, the company posted $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, research analysts expect that Union Pacific Co. will post 10.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on UNP. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their price target for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Barclays dropped their price target on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $259.15.

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.