Cadence Bank Sells 42 Shares of Union Pacific Co. (NYSE:UNP)

Cadence Bank decreased its position in Union Pacific Co. (NYSE:UNP) by 0.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,685 shares of the railroad operator’s stock after selling 42 shares during the quarter. Cadence Bank’s holdings in Union Pacific were worth $4,359,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the 2nd quarter valued at about $28,000. Cultivar Capital Inc. bought a new position in Union Pacific in the second quarter worth approximately $27,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth $30,000. Jamison Private Wealth Management Inc. grew 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 during the period. Finally, Fairscale Capital LLC purchased a new stake in shares of Union Pacific in the 2nd quarter worth $31,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 1.5 %

NYSE:UNP opened at $245.63 on Wednesday. The stock has a fifty day simple moving average of $240.31 and a 200-day simple moving average of $238.46. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The company has a market cap of $148.92 billion, a price-to-earnings ratio of 22.56, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the company earned $2.51 earnings per share. Union Pacific’s revenue was up 2.5% on a year-over-year basis. Analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current year.

Analyst Ratings Changes

Several research firms have issued reports on UNP. Stifel Nicolaus cut their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Barclays increased their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Royal Bank of Canada dropped their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Citigroup lifted 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. Finally, Wells Fargo & Company decreased their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Nine 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

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.