WD Rutherford LLC Trims Holdings in Union Pacific Co. (NYSE:UNP)

WD Rutherford LLC reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,242 shares of the railroad operator’s stock after selling 50 shares during the quarter. WD Rutherford LLC’s holdings in Union Pacific were worth $2,031,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. raised its position in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares in the last quarter. Fairscale Capital LLC acquired a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $31,000. Finally, Jamison Private Wealth Management Inc. raised its position in shares of Union Pacific by 265.7% during 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 currently owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.0 %

Shares of UNP stock opened at $232.05 on Wednesday. The stock has a 50-day simple moving average of $245.45 and a 200 day simple moving average of $238.43. Union Pacific Co. has a fifty-two week low of $202.41 and a fifty-two week high of $258.66. The stock has a market capitalization of $140.68 billion, a P/E ratio of 21.31, a P/E/G ratio of 2.26 and a beta of 1.05. 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 (NYSE:UNP) last released its quarterly 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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the business earned $2.51 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, sell-side analysts expect that Union Pacific Co. will post 11.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UNP. Wells Fargo & Company dropped their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. dropped their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus dropped their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Barclays dropped their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Finally, Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine research 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. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

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.