Marco Investment Management LLC Increases Position in Union Pacific Co. (NYSE:UNP)

Marco Investment Management LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 0.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 56,893 shares of the railroad operator’s stock after buying an additional 500 shares during the period. Union Pacific accounts for approximately 1.2% of Marco Investment Management LLC’s portfolio, making the stock its 28th largest holding. Marco Investment Management LLC’s holdings in Union Pacific were worth $14,023,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cultivar Capital Inc. purchased a new position in Union Pacific during the second quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific during the second quarter worth approximately $28,000. Financial Gravity Asset Management Inc. raised its stake in Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the third quarter worth approximately $30,000. Finally, Fairscale Capital LLC purchased a new position in Union Pacific during the second quarter worth approximately $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Bank of America dropped their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Finally, TD Cowen dropped their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Trading Up 1.4 %

NYSE UNP opened at $242.39 on Friday. The company has a market capitalization of $146.95 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company’s fifty day moving average price is $240.53 and its two-hundred day moving average price is $238.51.

Union Pacific (NYSE:UNP) last announced 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). The company had revenue of $6.09 billion for 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% on a year-over-year basis. During the same period in the prior year, the business earned $2.51 earnings per share. As a group, 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.