Comprehensive Financial Consultants Institutional Inc. Acquires 411 Shares of Union Pacific Co. (NYSE:UNP)

Comprehensive Financial Consultants Institutional Inc. increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,352 shares of the railroad operator’s stock after purchasing an additional 411 shares during the quarter. Union Pacific accounts for 1.5% of Comprehensive Financial Consultants Institutional Inc.’s holdings, making the stock its 19th biggest position. Comprehensive Financial Consultants Institutional Inc.’s holdings in Union Pacific were worth $4,030,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Norden Group LLC bought a new position in shares of Union Pacific during the first quarter worth about $358,000. AIA Group Ltd boosted its holdings in Union Pacific by 13.9% during the first quarter. AIA Group Ltd now owns 2,367 shares of the railroad operator’s stock worth $582,000 after purchasing an additional 288 shares during the last quarter. Empowered Funds LLC grew its position in Union Pacific by 266.7% in the first quarter. Empowered Funds LLC now owns 28,139 shares of the railroad operator’s stock valued at $6,920,000 after purchasing an additional 20,465 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in Union Pacific by 12.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 36,616 shares of the railroad operator’s stock valued at $9,005,000 after buying an additional 3,909 shares during the last quarter. Finally, Hyman Charles D lifted its position in Union Pacific by 3.3% during the 1st quarter. Hyman Charles D now owns 9,367 shares of the railroad operator’s stock worth $2,304,000 after buying an additional 302 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on UNP shares. 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 research report on Friday, October 25th. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. Stifel Nicolaus dropped their price objective on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, Bank of America dropped their price target 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 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $242.56 on Friday. Union Pacific Co. has a one year low of $208.14 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market cap of $147.05 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.46 and a beta of 1.06. The firm has a 50 day simple moving average of $243.88 and a 200 day simple moving average of $238.53.

Union Pacific (NYSE:UNP) last released 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 $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the business earned $2.51 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. Research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

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.