Union Pacific Co. (NYSE:UNP) Shares Sold by Buckingham Capital Management Inc.

Buckingham Capital Management Inc. lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 10.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,383 shares of the railroad operator’s stock after selling 873 shares during the period. Buckingham Capital Management Inc.’s holdings in Union Pacific were worth $1,820,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cultivar Capital Inc. purchased a new stake in shares of Union Pacific in the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific in the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. grew its stake in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific in the 2nd quarter valued at $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.4 %

Shares of Union Pacific stock opened at $241.49 on Monday. 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 stock’s 50 day simple moving average is $243.38 and its 200-day simple moving average is $238.67. The stock has a market cap of $146.41 billion, a P/E ratio of 22.18, a P/E/G ratio of 2.39 and a beta of 1.06. Union Pacific Co. has a 1-year low of $208.14 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) 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 company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the previous year, the company earned $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analyst Ratings Changes

UNP has been the topic of several analyst reports. BMO Capital Markets dropped their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Raymond James upped their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Barclays reduced their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.15.

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.