Signaturefd LLC Increases Position in Union Pacific Co. (NYSE:UNP)

Signaturefd LLC boosted its holdings in Union Pacific Co. (NYSE:UNP) by 4.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,161 shares of the railroad operator’s stock after purchasing an additional 585 shares during the quarter. Signaturefd LLC’s holdings in Union Pacific were worth $3,244,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Ameriprise Financial Inc. grew its holdings in Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after purchasing an additional 106,996 shares during the period. Capital Research Global Investors grew its holdings in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Legal & General Group Plc raised its holdings in Union Pacific by 2.1% in the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after acquiring an additional 124,571 shares during the last quarter. Clearbridge Investments LLC lifted its position in Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock valued at $1,081,348,000 after acquiring an additional 237,083 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in Union Pacific by 8.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after acquiring an additional 322,129 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP traded up $0.60 during mid-day trading on Tuesday, reaching $240.95. The stock had a trading volume of 522,035 shares, compared to its average volume of 2,258,043. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The company has a market cap of $146.79 billion, a P/E ratio of 22.57, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66. The business’s 50 day moving average price is $246.48 and its 200 day moving average price is $238.59.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the previous year, the business earned $2.57 earnings per share. Research analysts expect that Union Pacific Co. will post 11.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on UNP shares. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. TD Cowen decreased their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research note on Friday, July 26th. BMO Capital Markets decreased their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Raymond James boosted their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Finally, Citigroup started coverage on Union Pacific in a research note on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price target for the company. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $260.53.

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.