Fmr LLC Acquires 31,899 Shares of Union Pacific Co. (NYSE:UNP)

Fmr LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 0.6% in the third quarter, HoldingsChannel reports. The firm owned 5,020,107 shares of the railroad operator’s stock after purchasing an additional 31,899 shares during the period. Fmr LLC’s holdings in Union Pacific were worth $1,237,356,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UNP. Cultivar Capital Inc. bought a new stake in Union Pacific in the second quarter worth $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the second quarter valued at about $28,000. Financial Gravity Asset Management Inc. boosted its holdings 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 valued at $30,000 after acquiring an additional 130 shares during the period. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the third quarter valued at about $30,000. Finally, Fairscale Capital LLC bought a new stake in Union Pacific during the second quarter valued at about $31,000. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UNP has been the subject of a number of recent analyst reports. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Robert W. Baird decreased their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, Sanford C. Bernstein cut their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Performance

NYSE:UNP opened at $245.63 on Wednesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month 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. The firm has a market capitalization of $148.92 billion, a PE ratio of 22.56, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. The firm has a 50-day moving average price of $240.31 and a 200 day moving average price of $238.46.

Union Pacific (NYSE:UNP) last posted 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 firm 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%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.51 EPS. Research analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Company 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.