WCM Investment Management LLC Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

WCM Investment Management LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 326.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 5,870 shares of the railroad operator’s stock after acquiring an additional 4,494 shares during the period. WCM Investment Management LLC’s holdings in Union Pacific were worth $1,433,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in UNP. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific in the second quarter valued at about $27,000. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. boosted its holdings in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific during the 3rd quarter worth approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific during the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on UNP shares. Sanford C. Bernstein dropped their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. BMO Capital Markets lowered their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Finally, Wells Fargo & Company lowered their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.30.

Union Pacific Stock Performance

NYSE:UNP opened at $238.91 on Wednesday. Union Pacific Co. has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a 50 day moving average price of $243.09 and a 200 day moving average price of $238.66. The stock has a market capitalization of $144.84 billion, a P/E ratio of 21.94, a PEG ratio of 2.39 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 EPS 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 analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.51 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 10.94 EPS 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.