Lynch & Associates IN Acquires 779 Shares of Union Pacific Co. (NYSE:UNP)

Lynch & Associates IN grew its stake in Union Pacific Co. (NYSE:UNP) by 10.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,901 shares of the railroad operator’s stock after purchasing an additional 779 shares during the quarter. Lynch & Associates IN’s holdings in Union Pacific were worth $1,947,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Scarborough Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at approximately $29,000. SageView Advisory Group LLC increased its stake in Union Pacific by 49.8% in the fourth quarter. SageView Advisory Group LLC now owns 4,146 shares of the railroad operator’s stock valued at $1,023,000 after purchasing an additional 1,379 shares in the last quarter. Leo Wealth LLC bought a new stake in Union Pacific in the fourth quarter valued at approximately $264,000. Somerset Trust Co raised its holdings in Union Pacific by 9.6% in the first quarter. Somerset Trust Co now owns 945 shares of the railroad operator’s stock worth $232,000 after purchasing an additional 83 shares during the period. Finally, Farmers Trust Co. boosted its position in shares of Union Pacific by 30.3% during the first quarter. Farmers Trust Co. now owns 1,532 shares of the railroad operator’s stock worth $377,000 after purchasing an additional 356 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was 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 in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Barclays lowered their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. Stifel Nicolaus dropped their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Raymond James lifted their price objective on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday. Susquehanna increased their target price on Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. 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 Trading Up 0.2 %

Shares of Union Pacific stock opened at $245.79 on Wednesday. The stock has a market cap of $149.96 billion, a P/E ratio of 23.45, a P/E/G ratio of 2.21 and a beta of 1.05. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a 12-month low of $199.97 and a 12-month high of $258.66. The business’s 50 day moving average is $246.03 and its 200-day moving average is $238.54.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter last year, the company posted $2.57 earnings per share. Equities research analysts predict that Union Pacific Co. will post 11.06 earnings per share for the current fiscal year.

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.