Ellis Investment Partners LLC lessened its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 0.3% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,645 shares of the railroad operator’s stock after selling 44 shares during the period. Ellis Investment Partners LLC’s holdings in Union Pacific were worth $3,610,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific during the second quarter valued at about $28,000. Cultivar Capital Inc. purchased a new stake in Union Pacific during the second quarter valued at about $27,000. Tributary Capital Management LLC purchased a new stake in Union Pacific during the first quarter valued at about $30,000. Jamison Private Wealth Management Inc. raised its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific during the second quarter valued at about $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Insiders Place Their Bets
In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.28% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Read Our Latest Report on Union Pacific
Union Pacific Stock Down 0.2 %
UNP traded down $0.45 on Friday, hitting $230.30. The company had a trading volume of 2,952,224 shares, compared to its average volume of 2,281,261. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The stock has a fifty day simple moving average of $246.02 and a 200-day simple moving average of $238.46. The firm has a market capitalization of $140.51 billion, a P/E ratio of 21.98, a P/E/G ratio of 2.23 and a beta of 1.05.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.76 by ($0.01). Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the business earned $2.51 earnings per share. The business’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts expect that Union Pacific Co. will post 11.07 EPS for the current fiscal year.
About Union Pacific
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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