GSA Capital Partners LLP Trims Stock Position in Union Pacific Co. (NYSE:UNP)

GSA Capital Partners LLP reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 49.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,101 shares of the railroad operator’s stock after selling 5,984 shares during the period. GSA Capital Partners LLP’s holdings in Union Pacific were worth $1,504,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Forum Financial Management LP lifted its position in shares of Union Pacific by 0.6% in the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after acquiring an additional 41 shares in the last quarter. Fairhaven Wealth Management LLC grew its holdings in shares of Union Pacific by 1.7% during the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock worth $584,000 after buying an additional 43 shares in the last quarter. Chesapeake Wealth Management raised its position in shares of Union Pacific by 0.5% in 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 lifted its stake in shares of Union Pacific by 5.0% during the first 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 during the period. Finally, Azzad Asset Management Inc. ADV grew its stake in 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 acquiring an additional 44 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 1.3 %

NYSE UNP opened at $238.91 on Wednesday. The stock has a market cap of $144.84 billion, a PE ratio of 21.94, a P/E/G ratio of 2.39 and a beta of 1.06. The business has a 50 day moving average price of $243.09 and a two-hundred day moving average price of $238.66. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 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 earnings per share for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the business posted $2.51 earnings per share. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, sell-side analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on UNP shares. BMO Capital Markets decreased their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Robert W. Baird decreased their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. 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 report on Tuesday, September 24th. Finally, Wells Fargo & Company cut 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. 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 company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.