DT Investment Partners LLC Grows Position in Union Pacific Co. (NYSE:UNP)

DT Investment Partners LLC lifted its holdings in Union Pacific Co. (NYSE:UNP) by 0.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,865 shares of the railroad operator’s stock after buying an additional 188 shares during the period. DT Investment Partners LLC’s holdings in Union Pacific were worth $7,608,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Richardson Capital Management LLC acquired a new stake in shares of Union Pacific in the 1st quarter worth $26,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific during the second quarter worth about $28,000. Cultivar Capital Inc. acquired a new position in Union Pacific in the 2nd quarter valued at about $27,000. Tributary Capital Management LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth approximately $30,000. Finally, Jamison Private Wealth Management Inc. increased its holdings in shares of Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on UNP. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Susquehanna raised their price objective on Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. BMO Capital Markets decreased their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Stifel Nicolaus dropped their price target on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Finally, TD Cowen reduced their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.53.

Union Pacific Price Performance

UNP stock opened at $230.75 on Friday. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66. The firm has a market capitalization of $140.57 billion, a P/E ratio of 21.67, a P/E/G ratio of 2.23 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 moving average is $246.57 and its two-hundred day moving average is $238.60.

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

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.28% of the company’s stock.

Union Pacific Company 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.