Union Pacific Co. (NYSE:UNP) Shares Sold by Diversify Advisory Services LLC

Diversify Advisory Services LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 16.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,624 shares of the railroad operator’s stock after selling 2,343 shares during the quarter. Diversify Advisory Services LLC’s holdings in Union Pacific were worth $2,807,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of UNP. Ameriprise Financial Inc. lifted its position in Union Pacific by 1.3% during 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 buying an additional 106,996 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after acquiring an additional 518,985 shares in the last quarter. Legal & General Group Plc boosted its position in Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after purchasing an additional 124,571 shares during the period. Clearbridge Investments LLC increased its holdings in Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock valued at $1,081,348,000 after purchasing an additional 237,083 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position in Union Pacific by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after purchasing an additional 322,129 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on UNP shares. Sanford C. Bernstein decreased their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. JPMorgan Chase & Co. decreased their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 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, Royal Bank of Canada lowered their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday. Nine equities research 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 company. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Stock Performance

NYSE:UNP traded up $0.35 during midday trading on Tuesday, reaching $232.33. 140,473 shares of the company traded hands, compared to its average volume of 2,272,038. The firm has a market capitalization of $140.85 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The company has a fifty day moving average price of $245.74 and a 200 day moving average price of $238.44. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a twelve month low of $202.41 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion for 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%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $2.51 EPS. On average, analysts expect that Union Pacific Co. will post 11.02 EPS for the current fiscal 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.