Shepherd Financial Partners LLC Increases Stock Holdings in Union Pacific Co. (NYSE:UNP)

Shepherd Financial Partners LLC raised its stake in Union Pacific Co. (NYSE:UNP) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,895 shares of the railroad operator’s stock after purchasing an additional 50 shares during the quarter. Shepherd Financial Partners LLC’s holdings in Union Pacific were worth $467,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Marshall Wace LLP lifted its holdings in shares of Union Pacific by 272.3% in the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after buying an additional 1,227,318 shares during the period. Capital World Investors lifted its holdings in shares of Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after buying an additional 1,073,625 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after buying an additional 891,555 shares during the period. Capital Research Global Investors lifted its holdings in shares of Union Pacific by 7.6% in the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the period. Finally, Bridges Investment Management Inc. lifted its holdings in shares of Union Pacific by 186.4% in the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after buying an additional 458,664 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on UNP shares. Robert W. Baird reduced their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Bank of America reduced their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Sanford C. Bernstein reduced their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Finally, Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $259.15.

Union Pacific Trading Up 0.3 %

Shares of UNP opened at $232.69 on Friday. The stock’s 50-day moving average is $244.66 and its two-hundred day moving average is $238.33. The stock has a market cap of $141.07 billion, a PE ratio of 21.37, a P/E/G ratio of 2.29 and a beta of 1.06. Union Pacific Co. has a 12 month low of $207.74 and a 12 month high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the firm posted $2.51 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. Equities analysts forecast that Union Pacific Co. will post 10.97 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.