Cynosure Group LLC Has $15.84 Million Position in Union Pacific Co. (NYSE:UNP)

Cynosure Group LLC boosted its position in Union Pacific Co. (NYSE:UNP) by 90.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,262 shares of the railroad operator’s stock after buying an additional 30,560 shares during the quarter. Union Pacific makes up about 2.3% of Cynosure Group LLC’s holdings, making the stock its 10th largest position. Cynosure Group LLC’s holdings in Union Pacific were worth $15,839,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Cultivar Capital Inc. purchased a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the 2nd quarter valued at $28,000. Financial Gravity Asset Management Inc. lifted its position in shares of Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the third quarter worth $30,000. Finally, Fairscale Capital LLC bought a new position in shares of Union Pacific in the second quarter worth $31,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Down 1.5 %

Shares of NYSE UNP opened at $245.63 on Wednesday. The stock has a market capitalization of $148.92 billion, a P/E ratio of 22.56, a PEG ratio of 2.47 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. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The firm’s 50 day simple moving average is $240.31 and its two-hundred day simple moving average is $238.46.

Union Pacific (NYSE:UNP) last released its 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 for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.51 EPS. As a group, analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on UNP shares. Benchmark reissued a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. JPMorgan Chase & Co. reduced 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 note on Friday, October 25th. Susquehanna decreased their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Sanford C. Bernstein cut their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine 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, the company has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific 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.