Tdam USA Inc. boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,070 shares of the railroad operator’s stock after buying an additional 425 shares during the period. Tdam USA Inc.’s holdings in Union Pacific were worth $5,970,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Lenox Wealth Advisors LLC purchased a new position in Union Pacific in the second quarter valued at about $105,000. Landaas & Co. WI ADV purchased a new position in Union Pacific in the second quarter valued at about $133,000. grace capital purchased a new position in Union Pacific in the second quarter valued at about $142,000. Exane Derivatives grew its stake in Union Pacific by 85.1% in the second quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after purchasing an additional 504 shares in the last quarter. Finally, Parkside Investments LLC purchased a new position in Union Pacific in the third quarter valued at about $185,000. 80.80% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE:UNP opened at $148.57 on Tuesday. Union Pacific Co. has a twelve month low of $115.16 and a twelve month high of $165.63. The company has a market cap of $109.46 billion, a P/E ratio of 25.66, a price-to-earnings-growth ratio of 1.78 and a beta of 0.95. The company has a quick ratio of 0.89, a current ratio of 1.06 and a debt-to-equity ratio of 1.01.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.05. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. The firm had revenue of $5.93 billion during the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter in the prior year, the company earned $1.50 EPS. On average, equities research analysts forecast that Union Pacific Co. will post 7.84 earnings per share for the current fiscal year.
A number of brokerages have commented on UNP. Credit Suisse Group lowered their target price on Union Pacific from $169.00 to $167.00 and set an “outperform” rating on the stock in a research note on Friday, July 20th. Cowen reiterated a “hold” rating and set a $151.00 price target on shares of Union Pacific in a research note on Thursday, July 19th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a research note on Wednesday, July 18th. Scotiabank set a $175.00 price target on Union Pacific and gave the stock a “buy” rating in a research note on Friday, October 26th. Finally, TD Securities downgraded Union Pacific from a “buy” rating to a “hold” rating and decreased their price target for the stock from $170.00 to $160.00 in a research note on Friday, October 26th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $161.44.
In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the completion of the sale, the executive vice president now owns 106,518 shares in the company, valued at approximately $17,448,713.58. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total value of $1,282,034.00. Following the sale, the executive vice president now owns 53,978 shares of the company’s stock, valued at approximately $8,189,542.16. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.
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Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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