OneDigital Investment Advisors LLC Sells 2,368 Shares of Union Pacific Co. (NYSE:UNP)

OneDigital Investment Advisors LLC lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 15.3% during the third quarter, HoldingsChannel.com reports. The fund owned 13,088 shares of the railroad operator’s stock after selling 2,368 shares during the period. OneDigital Investment Advisors LLC’s holdings in Union Pacific were worth $3,226,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Banco Santander S.A. purchased a new position in Union Pacific during the first quarter worth about $351,000. Patten & Patten Inc. TN increased its position in shares of Union Pacific by 1.9% in the first quarter. Patten & Patten Inc. TN now owns 6,613 shares of the railroad operator’s stock worth $1,626,000 after purchasing an additional 126 shares during the last quarter. Edgestream Partners L.P. purchased a new stake in Union Pacific in the first quarter valued at approximately $217,000. Catalytic Wealth RIA LLC lifted its position in Union Pacific by 38.2% during the first quarter. Catalytic Wealth RIA LLC now owns 2,186 shares of the railroad operator’s stock valued at $538,000 after purchasing an additional 604 shares during the last quarter. Finally, Resurgent Financial Advisors LLC grew its stake in Union Pacific by 33.0% in the 1st quarter. Resurgent Financial Advisors LLC now owns 4,258 shares of the railroad operator’s stock worth $1,047,000 after buying an additional 1,057 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Down 0.0 %

NYSE UNP opened at $235.57 on Friday. Union Pacific Co. has a 1 year low of $216.79 and a 1 year high of $258.66. The stock has a market capitalization of $142.82 billion, a PE ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business’s 50-day moving average is $241.86 and its 200 day moving average is $238.58.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.51 earnings per share. Sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on UNP shares. Citigroup lifted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. BMO Capital Markets cut their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. TD Cowen reduced their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Wells Fargo & Company dropped their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Bank of America decreased their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

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.