Allen Capital Group LLC Has $1.74 Million Stake in Union Pacific Co. (NYSE:UNP)

Allen Capital Group LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 6.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,054 shares of the railroad operator’s stock after buying an additional 441 shares during the period. Allen Capital Group LLC’s holdings in Union Pacific were worth $1,739,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the second quarter worth $28,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter worth $27,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific in the third quarter worth $30,000. Jamison Private Wealth Management Inc. grew its stake in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC bought a new stake in shares of Union Pacific in the second quarter worth $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the topic of a number of research analyst reports. Royal Bank of Canada cut their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Susquehanna cut their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Finally, Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Nine equities 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 data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Performance

NYSE UNP opened at $239.02 on Friday. The company has a market capitalization of $144.91 billion, a P/E ratio of 21.95, a P/E/G ratio of 2.31 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a fifty day moving average of $240.67 and a 200-day moving average of $238.52.

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). The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.51 EPS. As a group, equities research analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

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.