Union Pacific Co. (NYSE:UNP) Shares Sold by Von Berge Wealth Management Group LLC

Von Berge Wealth Management Group LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,228 shares of the railroad operator’s stock after selling 48 shares during the quarter. Von Berge Wealth Management Group LLC’s holdings in Union Pacific were worth $305,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific during the second quarter worth approximately $28,000. Cultivar Capital Inc. purchased a new stake in Union Pacific during the second quarter worth approximately $27,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific during the third quarter worth approximately $30,000. Jamison Private Wealth Management Inc. lifted its stake in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific during the second quarter worth approximately $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on UNP shares. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. BMO Capital Markets decreased their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Finally, Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Price Performance

Union Pacific stock opened at $242.39 on Friday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business has a 50 day simple moving average of $240.53 and a 200-day simple moving average of $238.51. The stock has a market capitalization of $146.95 billion, a PE ratio of 22.26, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06.

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 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 for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the company earned $2.51 EPS. The company’s revenue was up 2.5% on a year-over-year basis. Equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific 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.