Union Pacific Co. (NYSE:UNP) Shares Sold by Family Management Corp

by · The Cerbat Gem

Family Management Corp trimmed its position in Union Pacific Co. (NYSE:UNP – Free Report) by 24.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,058 shares of the railroad operator’s stock after selling 340 shares during the period. Family Management Corp’s holdings in Union Pacific were worth $241,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Union Pacific in the fourth quarter valued at approximately $1,927,377,000. Raymond James Financial Inc. purchased a new stake in Union Pacific in the fourth quarter valued at $1,035,905,000. Geode Capital Management LLC lifted its stake in shares of Union Pacific by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. Finally, Castlekeep Investment Advisors LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth about $273,361,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on UNP. Barclays decreased their target price on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research report on Friday, April 25th. Guggenheim increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Robert W. Baird lifted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Stephens decreased their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research note on Monday, April 28th. Finally, UBS Group cut their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $257.86.

View Our Latest Research Report on UNP

Union Pacific Price Performance

Shares of UNP opened at $214.00 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm’s fifty day simple moving average is $226.74 and its 200-day simple moving average is $234.12. The firm has a market capitalization of $127.86 billion, a price-to-earnings ratio of 19.30, a PEG ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07.

Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period last year, the firm earned $2.69 earnings per share. The firm’s quarterly revenue was down .1% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

About Union Pacific

(Free Report)

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.

Further Reading

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