Union Pacific Co. (NYSE:UNP) Holdings Trimmed by D.A. Davidson & CO.

D.A. Davidson & CO. cut its holdings in Union Pacific Co. (NYSE:UNP) by 9.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 147,550 shares of the railroad operator’s stock after selling 16,059 shares during the quarter. D.A. Davidson & CO.’s holdings in Union Pacific were worth $36,368,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Marshall Wace LLP increased its holdings in shares of Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after buying an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Union Pacific by 19,878.6% during the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after acquiring an additional 891,555 shares in the last quarter. Impax Asset Management Group plc grew its holdings in shares of Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after acquiring an additional 520,536 shares during the last quarter. Jennison Associates LLC raised its position in shares of Union Pacific by 170.9% during the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after purchasing an additional 464,477 shares during the period. Finally, Bridges Investment Management Inc. lifted its holdings in shares of Union Pacific by 186.4% during the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after purchasing an additional 458,664 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

UNP stock opened at $249.29 on Tuesday. The company has a market capitalization of $151.13 billion, a price-to-earnings ratio of 22.89, a P/E/G ratio of 2.40 and a beta of 1.06. The firm has a 50 day moving average of $240.47 and a two-hundred day moving average of $238.48. 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 Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the company posted $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on UNP. Barclays lifted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Stifel Nicolaus cut their price target 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. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Sanford C. Bernstein lowered their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Finally, Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

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.