Rossmore Private Capital Sells 50 Shares of Union Pacific Co. (NYSE:UNP)

Rossmore Private Capital decreased its position in shares of Union Pacific Co. (NYSE:UNP) by 0.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,068 shares of the railroad operator’s stock after selling 50 shares during the period. Rossmore Private Capital’s holdings in Union Pacific were worth $2,728,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in UNP. Koshinski Asset Management Inc. lifted its holdings in shares of Union Pacific by 29.5% in the first quarter. Koshinski Asset Management Inc. now owns 2,571 shares of the railroad operator’s stock worth $632,000 after buying an additional 585 shares in the last quarter. Private Management Group Inc. bought a new position in shares of Union Pacific during the 1st quarter valued at about $222,000. Fortis Capital Advisors LLC increased its holdings 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 worth $225,000 after purchasing an additional 44 shares during the last quarter. D Orazio & Associates Inc. purchased a new stake in shares of Union Pacific in the first quarter worth about $251,000. Finally, Kingsview Wealth Management LLC boosted its stake in Union Pacific by 7.4% during the first quarter. Kingsview Wealth Management LLC now owns 24,109 shares of the railroad operator’s stock valued at $5,929,000 after buying an additional 1,658 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP stock opened at $238.91 on Wednesday. The firm has a market capitalization of $144.84 billion, a P/E ratio of 21.94, a P/E/G ratio of 2.39 and a beta of 1.06. The business’s 50-day moving average is $242.77 and its two-hundred day moving average is $238.63. 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 1 year low of $208.14 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 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 analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.51 EPS. Analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Benchmark reissued a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. Raymond James lifted their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $259.30.

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.