BNP PARIBAS ASSET MANAGEMENT Holding S.A. Trims Stock Position in Union Pacific Co. (NYSE:UNP)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 31.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 344,082 shares of the railroad operator’s stock after selling 157,462 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Union Pacific were worth $84,810,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Fairhaven Wealth Management LLC lifted its position in Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after buying an additional 43 shares during the last quarter. Chesapeake Wealth Management lifted its holdings in shares of Union Pacific by 0.5% in the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after acquiring an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its position in shares of 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 worth $1,897,000 after purchasing an additional 44 shares during the period. Montecito Bank & Trust increased its holdings in Union Pacific by 0.4% in the 2nd 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 boosted its position in shares of Union Pacific by 3.4% during the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.1 %

NYSE:UNP opened at $233.56 on Thursday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. 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 stock’s 50 day simple moving average is $240.86 and its 200-day simple moving average is $238.51. The firm has a market cap of $141.60 billion, a P/E ratio of 21.45, a PEG ratio of 2.31 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) 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 firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same period in the prior year, the company earned $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on UNP shares. Raymond James increased their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Citigroup raised their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. TD Cowen cut their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Finally, Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine 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 stock. According to MarketBeat, the company presently has an average 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.