Union Pacific Co. (NYSE:UNP) Shares Sold by Sargent Investment Group LLC

Sargent Investment Group LLC trimmed its position in shares of Union Pacific Co. (NYSE:UNP) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,594 shares of the railroad operator’s stock after selling 90 shares during the period. Sargent Investment Group LLC’s holdings in Union Pacific were worth $886,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of UNP. Shellback Capital LP grew its position in Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares during the last quarter. Peoples Bank KS acquired a new position in Union Pacific in the third quarter valued at approximately $834,000. Maj Invest Holding A S grew its stake in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares during the period. M&G Plc acquired a new stake in Union Pacific during the 1st quarter worth approximately $10,378,000. Finally, Radnor Capital Management LLC bought a new position in Union Pacific during the 3rd quarter worth about $2,923,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 1.7 %

Shares of UNP traded down $4.20 during trading hours on Thursday, hitting $236.21. The stock had a trading volume of 712,665 shares, compared to its average volume of 2,306,769. Union Pacific Co. has a 12-month low of $215.81 and a 12-month high of $258.66. The company’s fifty day simple moving average is $242.46 and its 200 day simple moving average is $238.64. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market cap of $143.20 billion, a P/E ratio of 22.07, a P/E/G ratio of 2.36 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced 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 company had revenue of $6.09 billion during 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%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the business posted $2.51 EPS. Equities research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Ratings Changes

UNP has been the subject of a number of research reports. Raymond James raised their target price on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Sanford C. Bernstein cut their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Susquehanna lowered their price objective 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. Finally, Bank of America reduced their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $259.80.

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.