Centaurus Financial Inc. trimmed its position in Union Pacific Co. (NYSE:UNP – Free Report) by 2.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,695 shares of the railroad operator’s stock after selling 103 shares during the quarter. Centaurus Financial Inc.’s holdings in Union Pacific were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of UNP. Waverly Advisors LLC boosted its position in shares of Union Pacific by 208.9% in the first 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 during the period. Industrial Alliance Investment Management Inc. grew its position in Union Pacific by 3.0% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 1,710 shares of the railroad operator’s stock worth $421,000 after purchasing an additional 50 shares during the last quarter. Whalerock Point Partners LLC increased its holdings in shares of 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 during the period. Sweeney & Michel LLC acquired a new position in shares of Union Pacific during the first quarter valued at about $646,000. Finally, Ancora Advisors LLC lifted its stake in shares of Union Pacific by 1.8% in the first quarter. Ancora Advisors LLC now owns 29,712 shares of the railroad operator’s stock valued at $7,307,000 after buying an additional 537 shares during the period. 80.38% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
UNP has been the topic of several research reports. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Citigroup upped their target price on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Benchmark reiterated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Barclays lifted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.
Union Pacific Stock Up 1.4 %
Shares of NYSE UNP opened at $242.39 on Monday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market cap of $146.95 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm’s 50-day simple moving average is $240.53 and its 200 day simple moving average is $238.46.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.51 earnings per share. On average, research analysts expect that Union Pacific Co. will post 10.94 earnings per share 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.
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