Union Pacific Co. (NYSE:UNP) Stock Position Lowered by Klingenstein Fields & Co. LP

Klingenstein Fields & Co. LP decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,197 shares of the railroad operator’s stock after selling 4,718 shares during the quarter. Union Pacific comprises approximately 2.7% of Klingenstein Fields & Co. LP’s holdings, making the stock its 10th biggest holding. Klingenstein Fields & Co. LP’s holdings in Union Pacific were worth $67,831,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Intact Investment Management Inc. boosted its holdings in Union Pacific by 8.5% in the 3rd quarter. Intact Investment Management Inc. now owns 38,100 shares of the railroad operator’s stock worth $9,391,000 after acquiring an additional 3,000 shares during the period. Donaldson Capital Management LLC raised its stake in shares of Union Pacific by 1.6% during the third quarter. Donaldson Capital Management LLC now owns 212,249 shares of the railroad operator’s stock valued at $52,315,000 after purchasing an additional 3,262 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of Union Pacific by 3.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 545,442 shares of the railroad operator’s stock worth $134,441,000 after purchasing an additional 15,873 shares in the last quarter. Lansing Street Advisors boosted its stake in shares of Union Pacific by 7.7% in the third quarter. Lansing Street Advisors now owns 954 shares of the railroad operator’s stock valued at $235,000 after purchasing an additional 68 shares during the period. Finally, TrueWealth Advisors LLC purchased a new position in shares of Union Pacific in the third quarter valued at $214,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

NYSE UNP opened at $233.18 on Monday. The company has a 50-day moving average price of $244.66 and a two-hundred day moving average price of $238.45. The stock has a market cap of $141.37 billion, a price-to-earnings ratio of 21.37, a price-to-earnings-growth ratio of 2.29 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 52 week low of $208.14 and a 52 week 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 period last year, the company earned $2.51 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts forecast that Union Pacific Co. will post 10.97 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wells Fargo & Company dropped their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. reduced their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Robert W. Baird cut their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, Raymond James lifted their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.15.

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.