Heritage Wealth Management Inc. Lowers Position in Union Pacific Co. (NYSE:UNP)

Heritage Wealth Management Inc. decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,050 shares of the railroad operator’s stock after selling 75 shares during the period. Heritage Wealth Management Inc.’s holdings in Union Pacific were worth $1,738,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the 2nd quarter worth approximately $28,000. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the 2nd quarter valued at approximately $27,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter worth $30,000. Jamison Private Wealth Management Inc. raised its holdings in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Finally, Fairscale Capital LLC bought a new position in Union Pacific in the 2nd quarter worth approximately $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.2 %

Shares of UNP traded up $0.57 during mid-day trading on Friday, reaching $243.13. 82,327 shares of the stock traded hands, compared to its average volume of 2,298,297. The stock has a fifty day simple moving average of $243.88 and a 200 day simple moving average of $238.53. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market cap of $147.40 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 2.46 and a beta of 1.06. Union Pacific Co. has a 12-month low of $208.14 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.51 EPS. Sell-side analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on UNP shares. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. TD Cowen reduced their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets lowered their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Finally, Barclays lowered their price target on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Nine equities research 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. According to data from MarketBeat.com, the stock 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.