Vestmark Advisory Solutions Inc. Sells 2,460 Shares of Union Pacific Co. (NYSE:UNP)

Vestmark Advisory Solutions Inc. cut its holdings in Union Pacific Co. (NYSE:UNP) by 26.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,008 shares of the railroad operator’s stock after selling 2,460 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Union Pacific were worth $1,135,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Nuveen Asset Management LLC boosted its holdings in Union Pacific by 1,957.4% in the 2nd quarter. Nuveen Asset Management LLC now owns 8,164,209 shares of the railroad operator’s stock worth $1,380,648,000 after buying an additional 7,767,384 shares during the period. Invesco Ltd. boosted its holdings in Union Pacific by 106.4% in the 2nd quarter. Invesco Ltd. now owns 4,282,775 shares of the railroad operator’s stock worth $724,260,000 after buying an additional 2,207,908 shares during the period. Fisher Asset Management LLC boosted its holdings in Union Pacific by 15,152.8% in the 3rd quarter. Fisher Asset Management LLC now owns 1,792,513 shares of the railroad operator’s stock valued at $290,351,000 after purchasing an additional 1,780,761 shares during the period. Soroban Capital Partners LP boosted its holdings in Union Pacific by 69.6% in the 2nd quarter. Soroban Capital Partners LP now owns 4,320,067 shares of the railroad operator’s stock valued at $730,567,000 after purchasing an additional 1,772,727 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its holdings in Union Pacific by 17,755.2% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 798,662 shares of the railroad operator’s stock valued at $79,866,000 after purchasing an additional 794,189 shares during the period. 79.47% of the stock is owned by institutional investors.

Shares of NYSE UNP traded up $0.07 during mid-day trading on Wednesday, reaching $175.54. 2,281,232 shares of the company were exchanged, compared to its average volume of 3,529,686. Union Pacific Co. has a 52 week low of $128.08 and a 52 week high of $180.54. The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $122.25 billion, a PE ratio of 22.19, a PEG ratio of 2.07 and a beta of 1.06. The company’s 50 day moving average price is $165.60 and its 200 day moving average price is $168.93.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 17th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.07). Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The company had revenue of $5.52 billion for the quarter, compared to the consensus estimate of $5.65 billion. During the same period in the prior year, the firm posted $2.15 earnings per share. The business’s revenue was down 7.0% on a year-over-year basis. On average, sell-side analysts predict that Union Pacific Co. will post 8.52 earnings per share for the current year.

Several research analysts have commented on the stock. Morgan Stanley cut their price target on shares of Union Pacific from $138.00 to $136.00 and set an “underweight” rating for the company in a report on Friday, October 18th. Zacks Investment Research raised shares of Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 price target for the company in a report on Monday, July 22nd. Raymond James set a $197.00 price target on shares of Union Pacific and gave the company a “buy” rating in a report on Friday, July 19th. Sanford C. Bernstein set a $177.00 price target on shares of Union Pacific and gave the company a “hold” rating in a report on Friday, July 19th. Finally, Loop Capital raised their price target on shares of Union Pacific to $191.00 in a report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $178.67.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

Further Reading: 52-Week High/Low

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.