Allen Capital Group LLC Purchases 441 Shares of Union Pacific Co. (NYSE:UNP)

Allen Capital Group LLC boosted its position in Union Pacific Co. (NYSE:UNP) by 6.7% in the third quarter, Holdings Channel.com reports. The firm owned 7,054 shares of the railroad operator’s stock after buying an additional 441 shares during the quarter. Allen Capital Group LLC’s holdings in Union Pacific were worth $1,739,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Cultivar Capital Inc. bought a new stake in Union Pacific in the 2nd quarter worth about $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the 2nd quarter worth about $28,000. Financial Gravity Asset Management Inc. increased its holdings in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in Union Pacific in the 3rd quarter worth about $30,000. Finally, Fairscale Capital LLC bought a new stake in Union Pacific in the 2nd quarter worth about $31,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $239.02 on Friday. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a market capitalization of $144.91 billion, a PE ratio of 21.95, a P/E/G ratio of 2.31 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a 50-day simple moving average of $240.67 and a two-hundred day simple moving average of $238.52.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm 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%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.51 EPS. Research analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UNP has been the topic of several analyst reports. BMO Capital Markets dropped their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Susquehanna dropped their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Wells Fargo & Company dropped their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Stifel Nicolaus dropped their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $259.80.

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.