Kentucky Retirement Systems Has $10.46 Million Stake in Union Pacific Co. (NYSE:UNP)

Kentucky Retirement Systems lessened its holdings in Union Pacific Co. (NYSE:UNP) by 7.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,440 shares of the railroad operator’s stock after selling 3,537 shares during the period. Kentucky Retirement Systems’ holdings in Union Pacific were worth $10,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of UNP. Shellback Capital LP boosted its holdings in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after acquiring an additional 4,400 shares during the period. Peoples Bank KS acquired a new stake in shares of Union Pacific during the third quarter worth $834,000. Maj Invest Holding A S boosted its position in shares of Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after acquiring an additional 2,202 shares during the period. M&G Plc acquired a new stake in Union Pacific in the 1st quarter worth about $10,378,000. Finally, Radnor Capital Management LLC bought a new stake in Union Pacific in the 3rd quarter valued at about $2,923,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on UNP. TD Cowen dropped their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein decreased their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Finally, BMO Capital Markets decreased 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 note on Friday, September 20th. Nine research 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 company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Down 0.0 %

NYSE:UNP opened at $235.57 on Friday. Union Pacific Co. has a one year low of $216.79 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market cap of $142.82 billion, a PE ratio of 21.63, a P/E/G ratio of 2.38 and a beta of 1.06. The firm’s 50 day simple moving average is $241.86 and its 200 day simple moving average is $238.58.

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

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.