Accent Capital Management LLC Sells 99 Shares of Union Pacific Co. (NYSE:UNP)

Accent Capital Management LLC trimmed its position in shares of Union Pacific Co. (NYSE:UNP) by 27.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 259 shares of the railroad operator’s stock after selling 99 shares during the period. Accent Capital Management LLC’s holdings in Union Pacific were worth $64,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Fairhaven Wealth Management LLC boosted its stake 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 valued at $584,000 after purchasing an additional 43 shares in the last quarter. Chesapeake Wealth Management lifted its holdings in 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 buying an additional 43 shares during the period. Azzad Asset Management Inc. ADV boosted its position in 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 acquiring an additional 44 shares in the last quarter. Montecito Bank & Trust grew its holdings in shares of 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 acquiring an additional 45 shares during the period. Finally, Traveka Wealth LLC raised its position in shares of Union Pacific by 3.4% in the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after acquiring an additional 45 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on UNP. Raymond James lifted 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. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. JPMorgan Chase & Co. cut their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, BMO Capital Markets decreased their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Nine investment 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.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Down 0.0 %

UNP opened at $235.57 on Friday. The stock has a market capitalization of $142.82 billion, a price-to-earnings ratio of 21.63, a PEG ratio of 2.33 and a beta of 1.06. The firm has a 50 day moving average price of $241.86 and a 200-day moving average price of $238.59. Union Pacific Co. has a twelve month low of $216.79 and a twelve 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.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.51 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current 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.