TFG Advisers LLC Sells 936 Shares of Union Pacific Co. (NYSE:UNP)

TFG Advisers LLC lessened its position in Union Pacific Co. (NYSE:UNP) by 5.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,818 shares of the railroad operator’s stock after selling 936 shares during the period. Union Pacific accounts for 1.3% of TFG Advisers LLC’s investment portfolio, making the stock its 14th biggest position. TFG Advisers LLC’s holdings in Union Pacific were worth $3,652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Marshall Wace LLP raised its position in Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after purchasing an additional 1,227,318 shares during the last quarter. Capital World Investors increased its stake in shares of Union Pacific by 35.3% during the first 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. Capital Research Global Investors raised its holdings in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after acquiring an additional 518,985 shares in the last quarter. Bridges Investment Management Inc. lifted its stake in Union Pacific by 186.4% in the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock worth $159,461,000 after acquiring an additional 458,664 shares during the period. Finally, Manning & Napier Advisors LLC bought a new stake in Union Pacific in the second quarter valued at $88,516,000. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Citigroup started coverage on shares of Union Pacific in a report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price objective for the company. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Royal Bank of Canada raised their target price on Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research note on Monday, September 30th. Barclays reduced their price target on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research note on Friday, July 26th. Finally, Benchmark reissued a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Monday, July 29th. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $260.53.

Union Pacific Stock Up 0.0 %

UNP stock traded up $0.08 during midday trading on Wednesday, hitting $241.53. The company’s stock had a trading volume of 202,225 shares, compared to its average volume of 2,254,339. The company has a market cap of $147.14 billion, a PE ratio of 22.67, a P/E/G ratio of 2.26 and a beta of 1.05. The firm’s 50-day moving average is $246.56 and its 200-day moving average is $238.58. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.05 billion. During the same period last year, the firm posted $2.57 earnings per share. Union Pacific’s revenue was up .7% compared to the same quarter last year. On average, equities research analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction that occurred on 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.28% of the company’s stock.

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.