Union Pacific Co. (NYSE:UNP) Shares Acquired by Commonwealth Retirement Investments LLC

Commonwealth Retirement Investments LLC grew its position in shares of Union Pacific Co. (NYSE:UNP) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,786 shares of the railroad operator’s stock after purchasing an additional 98 shares during the quarter. Union Pacific makes up about 1.1% of Commonwealth Retirement Investments LLC’s holdings, making the stock its 29th largest position. Commonwealth Retirement Investments LLC’s holdings in Union Pacific were worth $2,659,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Cultivar Capital Inc. acquired a new position in Union Pacific in the second quarter valued at $27,000. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific during the 2nd quarter worth $28,000. Financial Gravity Asset Management Inc. lifted its stake in shares of Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter valued at about $30,000. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific during the second quarter worth about $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $0.54 during midday trading on Tuesday, hitting $241.41. The company’s stock had a trading volume of 547,873 shares, compared to its average volume of 2,304,586. The firm has a market cap of $146.36 billion, a P/E ratio of 22.22, a P/E/G ratio of 2.39 and a beta of 1.06. The firm’s fifty day moving average price is $243.09 and its 200-day moving average price is $238.66. Union Pacific Co. has a 1-year low of $208.14 and a 1-year high of $258.66. 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 (NYSE:UNP) last issued its 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). The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.51 earnings per share. On average, sell-side analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent analyst reports. Robert W. Baird reduced their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Bank of America cut their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.