Union Pacific Co. (NYSE:UNP) Shares Sold by Sargent Investment Group LLC

Sargent Investment Group LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 2.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,594 shares of the railroad operator’s stock after selling 90 shares during the quarter. Sargent Investment Group LLC’s holdings in Union Pacific were worth $886,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UNP. Ameriprise Financial Inc. increased its holdings in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares during the period. Capital Research Global Investors boosted its position in 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 worth $1,812,689,000 after acquiring an additional 518,985 shares during the last quarter. Legal & General Group Plc grew its holdings in Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after purchasing an additional 124,571 shares during the period. Clearbridge Investments LLC increased its holdings in shares of Union Pacific by 5.7% during the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after buying an additional 237,083 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Union Pacific by 8.3% during 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. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 1.7 %

UNP stock traded down $4.20 during midday trading on Thursday, hitting $236.21. The company’s stock had a trading volume of 712,665 shares, compared to its average volume of 2,306,769. The firm has a 50-day simple moving average of $242.46 and a 200-day simple moving average of $238.64. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $143.20 billion, a P/E ratio of 22.07, a PEG ratio of 2.36 and a beta of 1.06. Union Pacific Co. has a 52-week low of $215.81 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the company posted $2.51 earnings per share. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. As a group, equities analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Wall Street Analyst Weigh In

UNP has been the subject of several recent analyst reports. Barclays raised their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday. BMO Capital Markets dropped their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Royal Bank of Canada dropped their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

About Union Pacific

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.