Richard C. Young & CO. LTD. Has $11.29 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Richard C. Young & CO. LTD. boosted its position in Union Pacific Co. (NYSE:UNP) by 1.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,810 shares of the railroad operator’s stock after acquiring an additional 627 shares during the quarter. Richard C. Young & CO. LTD.’s holdings in Union Pacific were worth $11,291,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Fairhaven Wealth Management LLC raised its holdings in shares of Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock worth $584,000 after buying an additional 43 shares in the last quarter. Chesapeake Wealth Management boosted its stake in shares of Union Pacific by 0.5% in the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after purchasing an additional 43 shares in the last quarter. Azzad Asset Management Inc. ADV grew its holdings in shares of Union Pacific by 0.5% during the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after purchasing an additional 44 shares during the last quarter. Montecito Bank & Trust increased its position in Union Pacific by 0.4% during the 2nd quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock worth $2,691,000 after purchasing an additional 45 shares in the last quarter. Finally, Traveka Wealth LLC lifted its stake in Union Pacific by 3.4% in the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock valued at $335,000 after purchasing an additional 45 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Wells Fargo & Company cut their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Sanford C. Bernstein lowered their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Benchmark reissued a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Stock Down 0.0 %

Shares of NYSE UNP opened at $235.57 on Monday. Union Pacific Co. has a 12-month low of $216.79 and a 12-month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market cap of $142.82 billion, a PE ratio of 21.63, a P/E/G ratio of 2.33 and a beta of 1.06. The company’s fifty day simple moving average is $241.86 and its 200 day simple moving average is $238.62.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the company earned $2.51 EPS. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share 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.