Union Pacific Co. (NYSE:UNP) Stake Reduced by Amalgamated Bank

Amalgamated Bank lessened its position in Union Pacific Co. (NYSE:UNP) by 1.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,912 shares of the railroad operator’s stock after selling 2,087 shares during the period. Amalgamated Bank’s holdings in Union Pacific were worth $30,788,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UNP. Forum Financial Management LP grew its stake in Union Pacific by 0.6% in the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after purchasing an additional 41 shares in the last quarter. Fairhaven Wealth Management LLC increased its holdings in shares of Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock worth $584,000 after acquiring an additional 43 shares during the last quarter. Chesapeake Wealth Management lifted its holdings in Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after purchasing an additional 43 shares during the last quarter. Fortis Capital Advisors LLC raised its position in shares of Union Pacific by 5.0% in the first quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after purchasing an additional 44 shares during the period. Finally, Azzad Asset Management Inc. ADV boosted its holdings in shares of Union Pacific by 0.5% during the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $229.91 on Tuesday. The company has a market cap of $139.39 billion, a P/E ratio of 21.11, a PEG ratio of 2.30 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The business has a 50-day moving average price of $244.29 and a two-hundred day moving average price of $238.45. Union Pacific Co. has a 1-year low of $208.14 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last issued 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 business 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 quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $2.51 earnings per share. As a group, analysts anticipate that Union Pacific Co. will post 10.97 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on UNP. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Raymond James boosted their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. reduced their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Robert W. Baird decreased their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.15.

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.