Curi RMB Capital LLC Lowers Stock Position in Union Pacific Co. (NYSE:UNP)

Curi RMB Capital LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,945 shares of the railroad operator’s stock after selling 172 shares during the quarter. Curi RMB Capital LLC’s holdings in Union Pacific were worth $22,170,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in UNP. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific during the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. raised its holdings in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific in the 3rd quarter valued at about $30,000. Finally, Fairscale Capital LLC purchased a new position in Union Pacific in the 2nd quarter worth approximately $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the subject of several recent research reports. TD Cowen cut their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Barclays raised their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday. Benchmark restated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Citigroup upped their price target on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Bank of America reduced their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Nine 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Trading Up 0.6 %

NYSE UNP opened at $240.34 on Thursday. The stock has a market capitalization of $145.71 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06. The firm has a 50 day moving average of $242.46 and a two-hundred day moving average of $238.64. Union Pacific Co. has a 52 week low of $212.47 and a 52 week high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 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 analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.51 EPS. As a group, research analysts expect that Union Pacific Co. will post 10.94 EPS 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.