Qsemble Capital Management LP decreased its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,683 shares of the railroad operator’s stock after selling 326 shares during the period. Union Pacific comprises approximately 1.0% of Qsemble Capital Management LP’s holdings, making the stock its 12th biggest holding. Qsemble Capital Management LP’s holdings in Union Pacific were worth $5,344,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Waverly Advisors LLC grew its stake in Union Pacific by 208.9% during the 1st quarter. Waverly Advisors LLC now owns 21,227 shares of the railroad operator’s stock valued at $5,220,000 after acquiring an additional 14,356 shares in the last quarter. Industrial Alliance Investment Management Inc. boosted its stake in Union Pacific by 3.0% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 1,710 shares of the railroad operator’s stock worth $421,000 after acquiring an additional 50 shares during the last quarter. Whalerock Point Partners LLC increased its holdings in Union Pacific by 3.8% during the 1st quarter. Whalerock Point Partners LLC now owns 21,719 shares of the railroad operator’s stock worth $5,341,000 after purchasing an additional 805 shares in the last quarter. Sweeney & Michel LLC bought a new stake in Union Pacific during the first quarter worth about $646,000. Finally, Ancora Advisors LLC raised its stake in Union Pacific by 1.8% in the 1st quarter. Ancora Advisors LLC now owns 29,712 shares of the railroad operator’s stock valued at $7,307,000 after acquiring an additional 537 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Price Performance
Shares of UNP stock traded up $5.91 during mid-day trading on Monday, hitting $248.30. 391,811 shares of the stock traded hands, compared to its average volume of 2,301,748. The firm has a market cap of $150.53 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company’s 50-day simple moving average is $240.53 and its 200-day simple moving average is $238.46. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Barclays raised their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. BMO Capital Markets lowered their price objective 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. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, Raymond James increased their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Nine 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.80.
Check Out Our Latest Stock Analysis on UNP
Union Pacific Company 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.
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