Nicollet Investment Management Inc. Acquires 158 Shares of Union Pacific Co. (NYSE:UNP)

Nicollet Investment Management Inc. boosted its holdings in Union Pacific Co. (NYSE:UNP) by 0.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 20,510 shares of the railroad operator’s stock after acquiring an additional 158 shares during the quarter. Union Pacific accounts for approximately 1.7% of Nicollet Investment Management Inc.’s portfolio, making the stock its 21st largest position. Nicollet Investment Management Inc.’s holdings in Union Pacific were worth $5,055,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Marshall Wace LLP boosted its stake in Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after acquiring an additional 1,227,318 shares during the last quarter. Capital World Investors increased its position in shares of Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after buying an additional 1,073,625 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Union Pacific by 19,878.6% during the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after acquiring an additional 891,555 shares in the last quarter. Impax Asset Management Group plc grew its stake in Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after acquiring an additional 520,536 shares during the period. Finally, Capital Research Global Investors increased its holdings in shares of Union Pacific by 7.6% in 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 in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of several research analyst reports. BMO Capital Markets decreased their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Robert W. Baird cut their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Susquehanna lowered their price objective 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. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Price Performance

Shares of UNP opened at $235.57 on Friday. The firm has a market capitalization of $142.82 billion, a PE ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company’s 50-day moving average is $241.86 and its 200-day moving average is $238.58. Union Pacific Co. has a fifty-two week low of $216.79 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.51 EPS. Equities analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

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.