Patton Albertson Miller Group LLC Purchases 402 Shares of Union Pacific Co. (NYSE:UNP)

Patton Albertson Miller Group LLC lifted its position in Union Pacific Co. (NYSE:UNP) by 1.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 28,800 shares of the railroad operator’s stock after acquiring an additional 402 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in Union Pacific were worth $7,099,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the 2nd quarter worth $28,000. Cultivar Capital Inc. bought a new stake in shares of Union Pacific in the 2nd quarter worth $27,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. grew its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the period. Finally, Fairscale Capital LLC bought a new position in Union Pacific during the second quarter valued at about $31,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 2.8 %

Shares of UNP opened at $249.29 on Tuesday. The firm’s 50 day simple moving average is $240.47 and its 200 day simple moving average is $238.48. The company has a market capitalization of $151.13 billion, a P/E ratio of 22.89, a P/E/G ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly 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 for 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 company’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $2.51 earnings per share. Sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on UNP shares. Citigroup increased their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. 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. Bank of America cut their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Raymond James increased their target price 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. Finally, TD Cowen cut their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Nine investment 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.