Mutual of America Capital Management LLC Sells 2,559 Shares of Union Pacific Co. (NYSE:UNP)

Mutual of America Capital Management LLC decreased its stake in Union Pacific Co. (NYSE:UNP) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,788 shares of the railroad operator’s stock after selling 2,559 shares during the period. Mutual of America Capital Management LLC’s holdings in Union Pacific were worth $21,145,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the second quarter valued at $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the second quarter worth $28,000. Financial Gravity Asset Management Inc. increased its position in shares of Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter worth $30,000. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific during the second quarter worth $31,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Robert W. Baird reduced their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Wells Fargo & Company decreased their price target 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. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Performance

Shares of UNP stock opened at $235.57 on Friday. The stock has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a PEG ratio of 2.33 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. The firm’s 50 day moving average is $241.86 and its 200 day moving average is $238.59. Union Pacific Co. has a 12 month low of $216.79 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results 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). The firm 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%. The business’s revenue was up 2.5% on a year-over-year basis. During the same period last year, the company posted $2.51 EPS. On average, sell-side analysts anticipate 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.