Curbstone Financial Management Corp Has $524,000 Stock Holdings in Union Pacific Corporation $UNP

Curbstone Financial Management Corp lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 19.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,278 shares of the railroad operator’s stock after selling 556 shares during the quarter. Curbstone Financial Management Corp’s holdings in Union Pacific were worth $524,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of UNP. Nuveen LLC acquired a new stake in shares of Union Pacific during the first quarter worth $988,822,000. Goldman Sachs Group Inc. raised its stake in Union Pacific by 29.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after purchasing an additional 850,025 shares in the last quarter. Auto Owners Insurance Co raised its stake in Union Pacific by 61,054.6% in the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock valued at $147,650,000 after purchasing an additional 623,978 shares in the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in Union Pacific in the first quarter valued at about $115,096,000. Finally, Canada Pension Plan Investment Board raised its stake in Union Pacific by 10.8% during the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after acquiring an additional 452,788 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP opened at $225.98 on Friday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The business’s 50 day moving average price is $224.71 and its two-hundred day moving average price is $224.02. The firm has a market cap of $134.03 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same period in the previous year, the firm earned $2.74 earnings per share. The company’s revenue was up 2.4% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on UNP. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and boosted their target price for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and boosted their price target for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. Citigroup reiterated a “buy” rating and issued a $263.00 target price (up from $251.00) on shares of Union Pacific in a report on Monday, October 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $261.58.

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.