Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 1,943 Shares of Union Pacific Co. (NYSE:UNP)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 250,457 shares of the railroad operator’s stock after selling 1,943 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Union Pacific were worth $57,793,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in UNP. Cultivar Capital Inc. purchased a new position in shares of Union Pacific in the 2nd quarter worth $27,000. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the second quarter worth about $28,000. Financial Gravity Asset Management Inc. grew its position in Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares in the last quarter. Fairscale Capital LLC bought a new stake in Union Pacific during the second quarter worth approximately $31,000. Finally, Jamison Private Wealth Management Inc. raised its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on UNP shares. BMO Capital Markets cut their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. TD Cowen cut their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Susquehanna lowered their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Raymond James lifted their price target 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. Finally, Benchmark reissued a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Stock Up 0.6 %

Shares of NYSE UNP traded up $1.43 during midday trading on Wednesday, reaching $233.42. 104,177 shares of the company’s stock traded hands, compared to its average volume of 2,278,599. The company has a market cap of $141.51 billion, a price-to-earnings ratio of 21.31, a P/E/G ratio of 2.26 and a beta of 1.05. The stock’s 50 day simple moving average is $245.45 and its 200-day simple moving average is $238.43. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a one year low of $204.63 and a one year high of $258.66.

Union Pacific (NYSE:UNP) last announced its 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 for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $2.51 EPS. On average, analysts predict that Union Pacific Co. will post 11.02 EPS for the current fiscal year.

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.