Union Pacific Co. (NYSE:UNP) Shares Sold by Venturi Wealth Management LLC

Venturi Wealth Management LLC reduced its stake in Union Pacific Co. (NYSE:UNP) by 17.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,461 shares of the railroad operator’s stock after selling 1,148 shares during the period. Venturi Wealth Management LLC’s holdings in Union Pacific were worth $1,346,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the 2nd quarter worth approximately $28,000. Cultivar Capital Inc. bought a new position in Union Pacific during the 2nd quarter valued at $27,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. boosted its stake in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC bought a new position in Union Pacific during the 2nd quarter valued at $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.2 %

NYSE UNP opened at $241.95 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 50-day simple moving average of $243.38 and a 200 day simple moving average of $238.67. Union Pacific Co. has a twelve month low of $208.14 and a twelve month high of $258.66. The stock has a market cap of $146.68 billion, a PE ratio of 22.22, a PEG ratio of 2.39 and a beta of 1.06.

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 the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.51 EPS. On average, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on UNP shares. Stifel Nicolaus cut their price objective on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. BMO Capital Markets cut their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Citigroup started coverage on Union Pacific in a research report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price objective for the company. Barclays reduced their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Finally, Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus 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.