Union Pacific Co. (NYSE:UNP) Shares Purchased by Vest Financial LLC

Vest Financial LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 108.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,232 shares of the railroad operator’s stock after acquiring an additional 1,681 shares during the quarter. Vest Financial LLC’s holdings in Union Pacific were worth $797,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Marshall Wace LLP increased its position in shares of Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares in the last quarter. Capital World Investors increased its position in Union Pacific by 35.3% during the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after buying an additional 1,073,625 shares during the period. Capital Research Global Investors lifted its stake in 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 valued at $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Bridges Investment Management Inc. boosted its holdings in shares of Union Pacific by 186.4% in the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after acquiring an additional 458,664 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new position in shares of Union Pacific during the second quarter worth approximately $88,516,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a report on Monday, July 29th. BMO Capital Markets lowered their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Barclays reduced their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $260.53.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $240.35 on Tuesday. The firm has a market capitalization of $146.42 billion, a price-to-earnings ratio of 22.57, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The business’s 50 day simple moving average is $246.48 and its 200-day simple moving average is $238.59. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period last year, the firm posted $2.57 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. As a group, equities analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Union Pacific 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.