Douglass Winthrop Advisors LLC Sells 592 Shares of Union Pacific Co. (NYSE:UNP)

Douglass Winthrop Advisors LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 3.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,566 shares of the railroad operator’s stock after selling 592 shares during the period. Douglass Winthrop Advisors LLC’s holdings in Union Pacific were worth $3,590,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Fairhaven Wealth Management LLC grew its position in Union Pacific by 1.7% during the second 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 increased its position in shares of Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after purchasing an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV raised its stake in Union Pacific by 0.5% in the second 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 in the last quarter. Montecito Bank & Trust lifted its position in Union Pacific by 0.4% during the second quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock valued at $2,691,000 after purchasing an additional 45 shares during the last quarter. Finally, Traveka Wealth LLC lifted its position in Union Pacific by 3.4% during the third 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 hedge funds and other institutional investors.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $242.39 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The company has a market cap of $146.95 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.40 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 50-day moving average price of $240.53 and a 200-day moving average price of $238.46.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UNP. BMO Capital Markets lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Raymond James raised their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Stifel Nicolaus cut their price objective on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

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.