DMC Group LLC Buys 175 Shares of Union Pacific Co. (NYSE:UNP)

DMC Group LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 18.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,106 shares of the railroad operator’s stock after purchasing an additional 175 shares during the period. DMC Group LLC’s holdings in Union Pacific were worth $273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Marshall Wace LLP lifted its position in Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after buying an additional 1,227,318 shares during the last quarter. 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 worth $1,012,857,000 after acquiring an additional 1,073,625 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after purchasing an additional 518,985 shares during the period. Bridges Investment Management Inc. grew its holdings in Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after purchasing an additional 458,664 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in Union Pacific in the 1st quarter worth about $96,945,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.0 %

NYSE:UNP opened at $244.10 on Friday. The firm has a 50 day moving average of $246.41 and a 200 day moving average of $238.61. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a 52 week low of $199.97 and a 52 week high of $258.66. The stock has a market capitalization of $148.93 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.27 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter last year, the firm earned $2.57 EPS. The business’s quarterly revenue was up .7% on a year-over-year basis. As a group, sell-side analysts anticipate that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of several recent analyst reports. Sanford C. Bernstein dropped their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. BMO Capital Markets reduced their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Royal Bank of Canada boosted their price objective on shares of Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research report on Monday, September 30th. Raymond James lifted their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Finally, Bank of America reduced their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.25.

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.