Great Diamond Partners LLC Sells 726 Shares of Union Pacific Co. (NYSE:UNP)

Great Diamond Partners LLC lessened its position in Union Pacific Co. (NYSE:UNP) by 19.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,991 shares of the railroad operator’s stock after selling 726 shares during the period. Great Diamond Partners LLC’s holdings in Union Pacific were worth $737,000 as of its most recent SEC filing.

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

Union Pacific Trading Up 0.0 %

Union Pacific stock opened at $232.05 on Wednesday. The firm has a market cap of $140.68 billion, a PE ratio of 21.31, a P/E/G ratio of 2.26 and a beta of 1.05. Union Pacific Co. has a 12 month low of $202.41 and a 12 month high of $258.66. The stock’s 50 day simple moving average is $245.45 and its two-hundred day simple moving average is $238.43. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the business posted $2.51 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Co. will post 11.02 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Bank of America lowered their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Wells Fargo & Company lowered their price objective 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. Barclays reduced their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

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.