Union Pacific Co. (NYSE:UNP) Shares Bought by Kirtland Hills Capital Management LLC

Kirtland Hills Capital Management LLC lifted its holdings in Union Pacific Co. (NYSE:UNP) by 10.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,029 shares of the railroad operator’s stock after acquiring an additional 298 shares during the period. Kirtland Hills Capital Management LLC’s holdings in Union Pacific were worth $747,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UNP. Ameriprise Financial Inc. grew its holdings in Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares in the last quarter. Capital Research Global Investors grew its holdings in Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after purchasing an additional 518,985 shares in the last quarter. Legal & General Group Plc boosted its stake in Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after acquiring an additional 124,571 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Union Pacific by 8.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after acquiring an additional 322,129 shares during the last quarter. Finally, Capital World Investors boosted its stake in Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after acquiring an additional 1,073,625 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $233.29 on Wednesday. The firm’s 50 day moving average is $241.14 and its 200-day moving average is $238.55. The stock has a market capitalization of $141.43 billion, a P/E ratio of 21.42, a P/E/G ratio of 2.33 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 12-month low of $216.92 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 business had revenue of $6.09 billion during the quarter, compared to analyst estimates 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 for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.51 EPS. Equities research analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analysts Set New Price Targets

UNP has been the topic of a number of research analyst reports. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Barclays raised their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Finally, Robert W. Baird reduced their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Nine investment 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.80.

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.