Union Pacific Co. (NYSE:UNP) Shares Bought by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 11.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,090 shares of the railroad operator’s stock after acquiring an additional 223 shares during the quarter. Greenwich Wealth Management LLC’s holdings in Union Pacific were worth $515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. BNP Paribas acquired a new stake in shares of Union Pacific in the first quarter valued at about $1,088,000. Envestnet Portfolio Solutions Inc. grew its position in Union Pacific by 19.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after acquiring an additional 20,173 shares in the last quarter. Shellback Capital LP raised its stake in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares during the period. Peoples Bank KS acquired a new position in shares of Union Pacific during the third quarter worth $834,000. Finally, Maj Invest Holding A S lifted its position in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

UNP traded up $0.62 during trading on Friday, reaching $232.69. 2,653,306 shares of the company were exchanged, compared to its average volume of 2,342,995. 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 stock has a market cap of $141.07 billion, a P/E ratio of 21.37, a PEG ratio of 2.29 and a beta of 1.06. Union Pacific Co. has a 52 week low of $207.74 and a 52 week high of $258.66. The firm has a 50 day moving average of $244.66 and a 200 day moving average of $238.33.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm 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 business earned $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, sell-side analysts forecast that Union Pacific Co. will post 10.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on UNP shares. Barclays dropped their price target on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Susquehanna cut their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Bank of America lowered their price objective 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, StockNews.com cut 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.15.

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.