Biltmore Family Office LLC Buys 151 Shares of Union Pacific Co. (NYSE:UNP)

Biltmore Family Office LLC raised its stake in Union Pacific Co. (NYSE:UNP) by 1.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,175 shares of the railroad operator’s stock after acquiring an additional 151 shares during the period. Biltmore Family Office LLC’s holdings in Union Pacific were worth $2,015,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of UNP. Edgestream Partners L.P. bought a new stake in Union Pacific during the first quarter worth about $217,000. EntryPoint Capital LLC acquired a new stake in Union Pacific during the 1st quarter valued at $97,000. Capital International Sarl bought a new position in Union Pacific in the 1st quarter valued at $351,000. LRI Investments LLC acquired a new position in Union Pacific in the first quarter worth $189,000. Finally, Epoch Investment Partners Inc. grew its holdings in shares of Union Pacific by 9.3% during the first quarter. Epoch Investment Partners Inc. now owns 690,257 shares of the railroad operator’s stock worth $169,755,000 after purchasing an additional 58,704 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP stock opened at $239.02 on Friday. The firm has a market capitalization of $144.91 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 2.31 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 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 fifty day moving average of $240.67 and a 200-day moving average of $238.52.

Union Pacific (NYSE:UNP) last posted its earnings results 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). The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.51 earnings per share. On average, equities research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on UNP. Susquehanna reduced their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Royal Bank of Canada reduced their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Bank of America dropped their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Barclays increased their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Finally, Robert W. Baird dropped their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $259.80.

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.