6,268 Union Pacific Corporation $UNP Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 3.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 160,004 shares of the railroad operator’s stock after selling 6,268 shares during the period. Commonwealth Equity Services LLC’s holdings in Union Pacific were worth $43,542,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of UNP. Capital Advisors Inc. OK lifted its holdings in Union Pacific by 1.8% during the second quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock valued at $513,000 after purchasing an additional 34 shares in the last quarter. Tiemann Investment Advisors LLC boosted its holdings in shares of Union Pacific by 1.7% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock valued at $576,000 after purchasing an additional 35 shares during the last quarter. Burford Brothers Inc. grew its holdings in Union Pacific by 1.9% during the 2nd quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator’s stock valued at $511,000 after buying an additional 35 shares in the last quarter. Nabity Jensen Investment Management Inc grew its holdings in shares of Union Pacific by 1.3% in the third quarter. Nabity Jensen Investment Management Inc now owns 2,754 shares of the railroad operator’s stock valued at $749,000 after purchasing an additional 35 shares in the last quarter. Finally, Mountain Pacific Investment Advisers LLC increased its position in Union Pacific by 3.0% in the third quarter. Mountain Pacific Investment Advisers LLC now owns 1,218 shares of the railroad operator’s stock worth $331,000 after purchasing an additional 35 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on UNP shares. Citigroup restated a “market outperform” rating on shares of Union Pacific in a research report on Friday, October 23rd. Benchmark raised their price target on shares of Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Sanford C. Bernstein lifted their target price on Union Pacific from $346.00 to $347.00 and gave the company an “outperform” rating in a research report on Tuesday, October 20th. Robert W. Baird set a $310.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a report on Thursday. Finally, BMO Capital Markets restated a “market perform” rating and set a $320.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $325.09.

Union Pacific Stock Down 2.5%

UNP stock opened at $290.50 on Friday. The firm has a 50 day moving average of $286.72 and a 200 day moving average of $271.90. The stock has a market capitalization of $172.63 billion, a PE ratio of 22.64, a price-to-earnings-growth ratio of 2.87 and a beta of 0.84. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32. Union Pacific Corporation has a 52 week low of $218.20 and a 52 week high of $315.99.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.06. The business had revenue of $7.20 billion for the quarter, compared to analyst estimates of $7.16 billion. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. Union Pacific’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.08 EPS. Sell-side analysts forecast that Union Pacific Corporation will post 13.13 earnings per share for the current year.

Union Pacific Company Profile

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada.

The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.

Union Pacific traces its history to the Pacific Railway Act of 1862 and played a central role in building the first transcontinental railroad, completed in 1869.