Metis Global Partners LLC Acquires 649 Shares of Union Pacific Co. (NYSE:UNP)

Metis Global Partners LLC boosted its holdings in Union Pacific Co. (NYSE:UNP) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,748 shares of the railroad operator’s stock after purchasing an additional 649 shares during the period. Metis Global Partners LLC’s holdings in Union Pacific were worth $6,593,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Cultivar Capital Inc. bought a new position in Union Pacific during the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. boosted its position in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC purchased a new stake in shares of Union Pacific during the 2nd quarter worth $31,000. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on UNP shares. JPMorgan Chase & Co. cut their price target 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. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Raymond James boosted their price target 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. Wells Fargo & Company reduced their target price on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Finally, Susquehanna lowered their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Nine 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $238.81 on Thursday. The stock has a market cap of $144.78 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 2.36 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 Co. has a 1 year low of $215.81 and a 1 year high of $258.66. The firm has a fifty day moving average price of $242.46 and a 200-day moving average price of $238.64.

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 analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.51 earnings per share. Equities 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.