Hartline Investment Corp Purchases 77 Shares of Union Pacific Co. (NYSE:UNP)

Hartline Investment Corp boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 0.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,044 shares of the railroad operator’s stock after acquiring an additional 77 shares during the quarter. Union Pacific accounts for approximately 0.6% of Hartline Investment Corp’s investment portfolio, making the stock its 29th biggest holding. Hartline Investment Corp’s holdings in Union Pacific were worth $4,940,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific in the second quarter valued at $28,000. Cultivar Capital Inc. bought a new position in Union Pacific during the 2nd quarter worth $27,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. raised its position in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC bought a new stake in Union Pacific during the second quarter worth $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. TD Cowen reduced their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Sanford C. Bernstein lowered their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Finally, Robert W. Baird cut 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. Nine equities research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.30.

Union Pacific Trading Down 1.3 %

Shares of UNP stock 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 stock has a 50 day simple moving average of $242.77 and a two-hundred day simple moving average of $238.63. The company has a market cap 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 earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.51 EPS. Research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.