Union Pacific Co. (NYSE:UNP) Stock Holdings Lowered by Kentucky Retirement Systems Insurance Trust Fund

Kentucky Retirement Systems Insurance Trust Fund cut its position in Union Pacific Co. (NYSE:UNP) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,037 shares of the railroad operator’s stock after selling 1,642 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Union Pacific were worth $4,446,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Nicollet Investment Management Inc. raised its holdings in shares of Union Pacific by 0.8% during the third quarter. Nicollet Investment Management Inc. now owns 20,510 shares of the railroad operator’s stock valued at $5,055,000 after buying an additional 158 shares during the last quarter. Coastline Trust Co increased its position in Union Pacific by 3.9% in the 3rd quarter. Coastline Trust Co now owns 8,137 shares of the railroad operator’s stock valued at $2,006,000 after acquiring an additional 304 shares during the period. Birchcreek Wealth Management LLC raised its stake in Union Pacific by 4.1% during the 3rd quarter. Birchcreek Wealth Management LLC now owns 1,672 shares of the railroad operator’s stock valued at $412,000 after acquiring an additional 66 shares in the last quarter. Empowered Funds LLC boosted its position in Union Pacific by 5.7% during the 3rd quarter. Empowered Funds LLC now owns 35,978 shares of the railroad operator’s stock worth $8,868,000 after acquiring an additional 1,933 shares during the period. Finally, Empirical Finance LLC grew its stake in shares of Union Pacific by 2.0% in the third quarter. Empirical Finance LLC now owns 21,408 shares of the railroad operator’s stock worth $5,277,000 after purchasing an additional 414 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Raymond James lifted their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Royal Bank of Canada reduced their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen decreased their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Robert W. Baird dropped their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Down 0.0 %

UNP stock opened at $235.57 on Friday. Union Pacific Co. has a 52-week low of $216.79 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm 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’s 50 day simple moving average is $241.86 and its 200-day simple moving average is $238.58.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during 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%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the business earned $2.51 EPS. As a group, equities research analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current 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.