Davis R M Inc. Cuts Stake in Union Pacific Corporation $UNP

Davis R M Inc. cut its stake in Union Pacific Corporation (NYSE:UNP) by 1.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,743 shares of the railroad operator’s stock after selling 2,370 shares during the quarter. Davis R M Inc.’s holdings in Union Pacific were worth $36,294,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC boosted its stake in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares during the last quarter. Access Investment Management LLC purchased a new position in Union Pacific in the 2nd quarter valued at $32,000. WPG Advisers LLC acquired a new stake in Union Pacific during the 1st quarter worth $33,000. GFG Capital LLC purchased a new stake in shares of Union Pacific during the second quarter worth $38,000. Finally, IMA Advisory Services Inc. purchased a new stake in shares of Union Pacific during the first quarter worth $43,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Up 1.7%

NYSE UNP opened at $221.65 on Monday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The stock has a market capitalization of $131.47 billion, a P/E ratio of 18.83, a PEG ratio of 2.27 and a beta of 1.04. The firm’s 50-day moving average is $224.06 and its two-hundred day moving average is $224.40. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. During the same period in the previous year, the firm earned $2.75 EPS. The business’s revenue was up 2.5% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on UNP shares. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. TD Cowen decreased their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Finally, JPMorgan Chase & Co. lifted their price objective on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $261.63.

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.