Brooklyn Investment Group Has $1.15 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Brooklyn Investment Group boosted its position in Union Pacific Co. (NYSE:UNP) by 15.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,673 shares of the railroad operator’s stock after acquiring an additional 617 shares during the period. Brooklyn Investment Group’s holdings in Union Pacific were worth $1,152,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Partners Group Holding AG lifted its stake in shares of Union Pacific by 29.9% during the 3rd quarter. Partners Group Holding AG now owns 267,637 shares of the railroad operator’s stock worth $65,967,000 after buying an additional 61,555 shares during the last quarter. FMR LLC lifted its holdings in Union Pacific by 0.6% during the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock worth $1,237,356,000 after purchasing an additional 31,899 shares during the last quarter. Summit Financial Wealth Advisors LLC boosted its stake in Union Pacific by 222.9% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 3,068 shares of the railroad operator’s stock valued at $756,000 after purchasing an additional 2,118 shares during the period. Patton Albertson Miller Group LLC grew its holdings in Union Pacific by 1.4% in the 3rd quarter. Patton Albertson Miller Group LLC now owns 28,800 shares of the railroad operator’s stock valued at $7,099,000 after buying an additional 402 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Union Pacific by 6.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,465,329 shares of the railroad operator’s stock worth $361,174,000 after buying an additional 85,827 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on UNP. Raymond James upped their price target 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. Robert W. Baird decreased their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus dropped their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, Susquehanna dropped their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine investment 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. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Trading Up 2.8 %

NYSE UNP opened at $249.29 on Tuesday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The business’s fifty day moving average is $240.47 and its 200 day moving average is $238.48. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market cap of $151.13 billion, a price-to-earnings ratio of 22.89, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings results 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). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.51 earnings per share. As a group, sell-side analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal 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.