Krane Funds Advisors LLC Has $75,000 Stake in Union Pacific Co. (NYSE:UNP)

Krane Funds Advisors LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 75.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 306 shares of the railroad operator’s stock after selling 963 shares during the period. Krane Funds Advisors LLC’s holdings in Union Pacific were worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in UNP. Richardson Capital Management LLC bought a new position in Union Pacific during the 1st quarter worth $26,000. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the second quarter worth about $28,000. Cultivar Capital Inc. acquired a new stake in Union Pacific in the 2nd quarter worth about $27,000. Tributary Capital Management LLC acquired a new stake in Union Pacific in the 1st quarter worth about $30,000. Finally, Jamison Private Wealth Management Inc. increased its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. BMO Capital Markets reduced their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Royal Bank of Canada raised their price target on Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. Raymond James upped their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday. Finally, Susquehanna raised their target price on shares of Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $259.25.

Union Pacific Price Performance

Union Pacific stock opened at $241.71 on Friday. The stock has a 50-day moving average price of $246.28 and a two-hundred day moving average price of $238.63. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66. The company has a market capitalization of $147.25 billion, a PE ratio of 22.70, a P/E/G ratio of 2.27 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same quarter last year, the business earned $2.57 EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis. Analysts expect that Union Pacific Co. will post 11.07 EPS for the current year.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.26% of the company’s stock.

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.