Union Pacific Co. (NYSE:UNP) Shares Bought by Forsta AP Fonden

Forsta AP Fonden grew its holdings in Union Pacific Co. (NYSE:UNP) by 10.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 143,600 shares of the railroad operator’s stock after purchasing an additional 14,100 shares during the quarter. Forsta AP Fonden’s holdings in Union Pacific were worth $35,395,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. lifted its position in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after acquiring an additional 106,996 shares in the last quarter. Capital Research Global Investors lifted its holdings in Union Pacific by 7.6% in 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 shares of 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 worth $1,350,924,000 after purchasing an additional 124,571 shares during the last quarter. Clearbridge Investments LLC grew its holdings in shares of Union Pacific by 5.7% during the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after buying an additional 237,083 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position in shares of Union Pacific by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after buying an additional 322,129 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.28% of the stock is owned by company insiders.

Union Pacific Price Performance

Union Pacific stock traded down $0.45 during trading hours on Friday, hitting $230.30. 2,952,224 shares of the stock were exchanged, compared to its average volume of 2,281,261. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66. The stock has a market capitalization of $140.30 billion, a P/E ratio of 21.62, a P/E/G ratio of 2.23 and a beta of 1.05. The business’s 50-day moving average is $246.02 and its two-hundred day moving average is $238.48.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the company posted $2.51 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities research analysts expect that Union Pacific Co. will post 11.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UNP has been the subject of several analyst reports. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Citigroup initiated coverage on shares of Union Pacific in a report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price objective on the stock. Sanford C. Bernstein decreased their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Susquehanna dropped their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday. Finally, BMO Capital Markets decreased their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price 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.