Natixis Advisors LLC lowered its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 16.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 556,183 shares of the railroad operator’s stock after selling 108,248 shares during the quarter. Natixis Advisors LLC owned 0.09% of Union Pacific worth $137,088,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Nicollet Investment Management Inc. boosted its position in shares of Union Pacific by 0.8% during the 3rd quarter. Nicollet Investment Management Inc. now owns 20,510 shares of the railroad operator’s stock worth $5,055,000 after purchasing an additional 158 shares in the last quarter. Coastline Trust Co raised its stake in Union Pacific by 3.9% during the 3rd quarter. Coastline Trust Co now owns 8,137 shares of the railroad operator’s stock worth $2,006,000 after buying an additional 304 shares during the period. Birchcreek Wealth Management LLC boosted its holdings in Union Pacific by 4.1% in the third quarter. Birchcreek Wealth Management LLC now owns 1,672 shares of the railroad operator’s stock worth $412,000 after acquiring an additional 66 shares in the last quarter. Empowered Funds LLC grew its stake in Union Pacific by 5.7% in the third quarter. Empowered Funds LLC now owns 35,978 shares of the railroad operator’s stock valued at $8,868,000 after acquiring an additional 1,933 shares during the period. Finally, Empirical Finance LLC increased its holdings in shares of Union Pacific by 2.0% during the third quarter. Empirical Finance LLC now owns 21,408 shares of the railroad operator’s stock valued at $5,277,000 after acquiring an additional 414 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Down 0.0 %
Union Pacific stock opened at $235.57 on Friday. Union Pacific Co. has a twelve month low of $216.79 and a twelve month high of $258.66. The firm has a 50 day moving average price of $241.86 and a 200-day moving average price of $238.58. The company has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.38 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.
Analyst Ratings Changes
Several analysts recently issued reports on UNP shares. JPMorgan Chase & Co. reduced their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Royal Bank of Canada decreased their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Raymond James upped their target price on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Bank of America cut their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Finally, Robert W. Baird lowered their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $259.80.
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.
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