Cohen Capital Management Inc. increased its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,604 shares of the railroad operator’s stock after acquiring an additional 100 shares during the quarter. Cohen Capital Management Inc.’s holdings in Union Pacific were worth $5,325,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the business. Forum Financial Management LP increased its stake 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 during the last quarter. Fairhaven Wealth Management LLC grew its stake in shares of Union Pacific by 1.7% in the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares during the period. Chesapeake Wealth Management increased its holdings in shares of Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after buying an additional 43 shares during the last quarter. Fortis Capital Advisors LLC raised its position in shares of Union Pacific by 5.0% during 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 during the period. Finally, Azzad Asset Management Inc. ADV lifted its holdings in Union Pacific by 0.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after acquiring an additional 44 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Up 0.2 %
Shares of NYSE:UNP opened at $233.18 on Monday. 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 Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The stock has a market cap of $141.37 billion, a price-to-earnings ratio of 21.37, a price-to-earnings-growth ratio of 2.29 and a beta of 1.06. The firm’s 50 day moving average price is $244.66 and its 200 day moving average price is $238.45.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. Stifel Nicolaus reduced their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Robert W. Baird decreased their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Wells Fargo & Company reduced 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. Finally, Barclays lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.15.
Read Our Latest Stock Analysis on Union Pacific
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.
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