Inscription Capital LLC Sells 21,066 Shares of Union Pacific Corporation $UNP

Inscription Capital LLC cut its position in Union Pacific Corporation (NYSE:UNP) by 88.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,806 shares of the railroad operator’s stock after selling 21,066 shares during the period. Inscription Capital LLC’s holdings in Union Pacific were worth $764,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in UNP. Wealth Dimensions Group Ltd. boosted its holdings in Union Pacific by 58.0% in the 3rd quarter. Wealth Dimensions Group Ltd. now owns 1,204 shares of the railroad operator’s stock valued at $328,000 after purchasing an additional 442 shares during the period. Pathway Financial Advisers LLC increased its holdings in shares of Union Pacific by 6.0% during the third quarter. Pathway Financial Advisers LLC now owns 13,478 shares of the railroad operator’s stock worth $3,668,000 after purchasing an additional 759 shares during the period. Bfsg LLC increased its holdings in shares of Union Pacific by 1.6% during the third quarter. Bfsg LLC now owns 2,810 shares of the railroad operator’s stock worth $765,000 after purchasing an additional 45 shares during the period. Richardson Financial Services Inc. raised its position in shares of Union Pacific by 58.0% in the third quarter. Richardson Financial Services Inc. now owns 670 shares of the railroad operator’s stock valued at $182,000 after buying an additional 246 shares in the last quarter. Finally, Ascent Group LLC raised its position in shares of Union Pacific by 5.2% in the third quarter. Ascent Group LLC now owns 22,208 shares of the railroad operator’s stock valued at $6,043,000 after buying an additional 1,107 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP stock traded down $7.45 during trading on Friday, reaching $290.50. 3,034,151 shares of the company were exchanged, compared to its average volume of 2,440,108. The company has a market capitalization of $172.63 billion, a price-to-earnings ratio of 22.64, a P/E/G ratio of 3.03 and a beta of 0.84. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.16 and a quick ratio of 0.99. The company has a 50-day moving average of $286.72 and a two-hundred day moving average of $271.90. Union Pacific Corporation has a twelve month low of $218.20 and a twelve month high of $315.99.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.06. The firm had revenue of $7.20 billion for the quarter, compared to analyst estimates of $7.16 billion. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The company’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter last year, the business posted $3.08 earnings per share. As a group, equities analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UNP shares. Susquehanna upped their target price on Union Pacific from $333.00 to $345.00 and gave the company a “positive” rating in a research report on Tuesday, October 27th. Bank of America raised their price target on Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Benchmark boosted their price target on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Sanford C. Bernstein increased their price objective on shares of Union Pacific from $346.00 to $347.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 20th. Finally, Stephens raised their target price on shares of Union Pacific from $340.00 to $352.00 and gave the company an “overweight” rating in a report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $325.09.

Union Pacific Profile

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada.

The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.

Union Pacific traces its history to the Pacific Railway Act of 1862 and played a central role in building the first transcontinental railroad, completed in 1869.