Flossbach Von Storch AG lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 255,909 shares of the railroad operator’s stock after selling 1,246 shares during the quarter. Flossbach Von Storch AG’s holdings in Union Pacific were worth $41,670,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the company. Lenox Wealth Advisors LLC purchased a new stake in Union Pacific in the 2nd quarter valued at $105,000. Landaas & Co. WI ADV purchased a new stake in Union Pacific in the 2nd quarter valued at $133,000. grace capital purchased a new stake in Union Pacific in the 2nd quarter valued at $142,000. Exane Derivatives raised its position in Union Pacific by 85.1% in the 2nd quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after purchasing an additional 504 shares during the last quarter. Finally, Parkside Investments LLC purchased a new stake in Union Pacific in the 3rd quarter valued at $185,000. Institutional investors and hedge funds own 80.80% of the company’s stock.
Shares of UNP opened at $150.25 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.89 and a current ratio of 1.06. The firm has a market capitalization of $110.64 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 1.79 and a beta of 0.95. Union Pacific Co. has a 1 year low of $115.16 and a 1 year high of $165.63.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 25th. The railroad operator reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.05. The company had revenue of $5.93 billion for the quarter, compared to analysts’ expectations of $5.88 billion. Union Pacific had a net margin of 51.90% and a return on equity of 25.02%. During the same period in the previous year, the company posted $1.50 EPS. As a group, equities research analysts expect that Union Pacific Co. will post 7.84 EPS for the current year.
In other news, EVP Lynden L. Tennison sold 8,450 shares of the company’s stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the transaction, the executive vice president now directly owns 53,978 shares of the company’s stock, valued at approximately $8,189,542.16. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of the company’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the transaction, the executive vice president now directly owns 106,518 shares in the company, valued at $17,448,713.58. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.
Several research firms recently commented on UNP. Zacks Investment Research upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a research report on Wednesday, September 19th. UBS Group upped their price target on shares of Union Pacific from $161.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, September 20th. Bank of America downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $164.00 price target for the company. in a research report on Thursday, October 18th. Loop Capital upgraded shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Tuesday, September 18th. Finally, Barclays reiterated a “buy” rating and issued a $180.00 price target on shares of Union Pacific in a research report on Wednesday, September 26th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $161.44.
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About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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