Carlton Hofferkamp & Jenks Wealth Management LLC Has $1.32 Million Stake in Union Pacific Co. (NYSE:UNP)

Carlton Hofferkamp & Jenks Wealth Management LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 5,738 shares of the railroad operator’s stock after selling 70 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Union Pacific were worth $1,319,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in UNP. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $28,000. Cultivar Capital Inc. acquired a new stake in Union Pacific in the 2nd quarter valued at $27,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the third quarter worth $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific during the 2nd quarter worth about $31,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of research analyst reports. 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 report on Monday, October 14th. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein lowered their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Finally, Royal Bank of Canada lowered their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” 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 given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $259.30.

Union Pacific Stock Down 1.3 %

UNP stock opened at $238.91 on Wednesday. The business has a 50-day moving average of $242.77 and a 200-day moving average of $238.63. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The stock has a market capitalization of $144.84 billion, a P/E ratio of 21.94, a P/E/G ratio of 2.39 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 (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to analyst estimates 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 firm posted $2.51 earnings per share. On average, sell-side analysts anticipate 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.