D.B. Root & Company LLC Sells 188 Shares of Union Pacific Co. (NYSE:UNP)

D.B. Root & Company LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 5.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,451 shares of the railroad operator’s stock after selling 188 shares during the period. D.B. Root & Company LLC’s holdings in Union Pacific were worth $851,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in UNP. Norden Group LLC purchased a new stake in Union Pacific in the first quarter worth about $358,000. Oxbow Advisors LLC purchased a new stake in Union Pacific in the first quarter worth about $227,000. Duality Advisers LP purchased a new stake in Union Pacific in the first quarter worth about $4,780,000. Empirical Finance LLC lifted its stake in Union Pacific by 3.4% in the first quarter. Empirical Finance LLC now owns 22,685 shares of the railroad operator’s stock worth $5,579,000 after acquiring an additional 743 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake 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 worth $31,078,000 after acquiring an additional 20,173 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $248.49 on Thursday. Union Pacific Co. has a twelve month low of $208.14 and a twelve month high of $258.66. The company’s 50 day moving average is $243.88 and its 200 day moving average is $238.53. 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 company has a market cap of $150.65 billion, a PE ratio of 22.82, a price-to-earnings-growth ratio of 2.27 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results 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 return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the company posted $2.51 EPS. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on UNP shares. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. decreased 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 decreased their price target 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. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Susquehanna decreased their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently 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.