Union Pacific Co. (NYSE:UNP) Shares Purchased by Chris Bulman Inc

Chris Bulman Inc increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,269 shares of the railroad operator’s stock after purchasing an additional 58 shares during the quarter. Chris Bulman Inc’s holdings in Union Pacific were worth $559,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Richardson Capital Management LLC acquired a new position in Union Pacific in the 1st quarter valued at about $26,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the 2nd quarter valued at about $28,000. Cultivar Capital Inc. acquired a new position in Union Pacific in the 2nd quarter valued at about $27,000. Tributary Capital Management LLC acquired a new position in Union Pacific in the 1st quarter valued at about $30,000. Finally, Jamison Private Wealth Management Inc. grew its position in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP opened at $241.45 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a twelve month low of $199.97 and a twelve month high of $258.66. The stock has a 50 day moving average of $246.56 and a two-hundred day moving average of $238.58. The stock has a market cap of $147.09 billion, a P/E ratio of 22.67, a P/E/G ratio of 2.26 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the previous year, the business earned $2.57 earnings per share. The firm’s revenue for the quarter was up .7% on a year-over-year basis. On average, research analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on UNP shares. Raymond James boosted their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Benchmark reissued a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Monday, July 29th. Citigroup started coverage on Union Pacific in a research report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price objective for the company. Finally, BMO Capital Markets lowered their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $260.53.

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.