Union Pacific Co. (NYSE:UNP) Shares Bought by Marco Investment Management LLC

Marco Investment Management LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 0.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 56,893 shares of the railroad operator’s stock after buying an additional 500 shares during the period. Union Pacific makes up about 1.2% of Marco Investment Management LLC’s portfolio, making the stock its 28th largest holding. Marco Investment Management LLC’s holdings in Union Pacific were worth $14,023,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of UNP. Marshall Wace LLP boosted its holdings in shares of Union Pacific by 272.3% in the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after buying an additional 1,227,318 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after buying an additional 891,555 shares during the period. Impax Asset Management Group plc boosted its holdings in shares of Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after buying an additional 520,536 shares during the period. Jennison Associates LLC boosted its holdings in shares of Union Pacific by 170.9% in the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after buying an additional 464,477 shares during the period. Finally, Bridges Investment Management Inc. boosted its stake in Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after purchasing an additional 458,664 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Up 1.4 %

NYSE UNP opened at $242.39 on Friday. 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’s 50 day simple moving average is $240.53 and its 200 day simple moving average is $238.51. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a market capitalization of $146.95 billion, a P/E ratio of 22.26, a PEG ratio of 2.37 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 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 business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the firm earned $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on UNP shares. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Royal Bank of Canada reduced their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Benchmark reissued a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Raymond James boosted their target price on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Nine investment 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.