Tandem Capital Management Corp ADV Sells 485 Shares of Union Pacific Co. (NYSE:UNP)

Tandem Capital Management Corp ADV lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,571 shares of the railroad operator’s stock after selling 485 shares during the quarter. Union Pacific accounts for about 1.2% of Tandem Capital Management Corp ADV’s investment portfolio, making the stock its 27th largest position. Tandem Capital Management Corp ADV’s holdings in Union Pacific were worth $2,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Forum Financial Management LP raised its position in Union Pacific by 0.6% in the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after purchasing an additional 41 shares during the last quarter. Fairhaven Wealth Management LLC grew its stake 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 acquiring an additional 43 shares during the period. Chesapeake Wealth Management lifted its holdings in shares of Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after purchasing an additional 43 shares in the last quarter. Fortis Capital Advisors LLC lifted its holdings in shares of Union Pacific by 5.0% in the first quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after purchasing an additional 44 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV lifted its holdings in shares of Union Pacific by 0.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after purchasing an additional 44 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $232.25 on Thursday. 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 business has a 50-day moving average price of $245.18 and a two-hundred day moving average price of $238.38. Union Pacific Co. has a 1-year low of $204.63 and a 1-year high of $258.66. The company has a market cap of $140.80 billion, a P/E ratio of 21.33, a PEG ratio of 2.26 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the business earned $2.51 earnings per share. The business’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, analysts anticipate that Union Pacific Co. will post 11.02 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on UNP. Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Barclays decreased their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus decreased their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Susquehanna reduced their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Company 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.