18,787 Union Pacific Corporation $UNP Shares Sold by Boston Trust Walden Corp

Key Points

• Boston Trust Walden reduced its Union Pacific stake by 6.3%, selling 18,787 shares in the third quarter. It still held 279,870 shares, valued at about $76.2 million at quarter-end.
• Union Pacific beat quarterly earnings and revenue expectations, reporting EPS of $3.53 and revenue of $7.20 billion; revenue rose 15.3% year over year.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $326.44.

Boston Trust Walden Corp cut its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 6.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 279,870 shares of the railroad operator's stock after selling 18,787 shares during the period. Boston Trust Walden Corp's holdings in Union Pacific were worth $76,161,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in UNP. Richardson Financial Services Inc. lifted its holdings 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 purchasing an additional 246 shares in the last quarter. Ascent Group LLC grew its holdings in Union Pacific by 5.2% during the third quarter. Ascent Group LLC now owns 22,208 shares of the railroad operator's stock worth $6,043,000 after buying an additional 1,107 shares in the last quarter. Mraz Amerine & Associates Inc. bought a new stake in Union Pacific during the third quarter worth $200,000. Markel Group Inc. grew its holdings in Union Pacific by 3.1% during the third quarter. Markel Group Inc. now owns 166,028 shares of the railroad operator's stock worth $45,181,000 after buying an additional 5,000 shares in the last quarter. Finally, Third View Private Wealth LLC raised its position in Union Pacific by 1.7% in the 3rd quarter. Third View Private Wealth LLC now owns 16,983 shares of the railroad operator's stock valued at $4,621,000 after buying an additional 290 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Price Performance

Union Pacific stock opened at $308.77 on Thursday. Union Pacific Corporation has a 52 week low of $216.32 and a 52 week high of $315.99. The company's 50 day moving average price is $287.33 and its two-hundred day moving average price is $271.22. The stock has a market cap of $183.49 billion, a P/E ratio of 23.84, a P/E/G ratio of 3.00 and a beta of 0.84. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.32.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.06. The company had revenue of $7.20 billion during the quarter, compared to analyst estimates of $7.16 billion. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. Union Pacific's quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the prior year, the company posted $3.08 earnings per share. On average, equities analysts predict that Union Pacific Corporation will post 13.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on UNP shares. Wells Fargo & Company reissued an "overweight" rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Weiss Ratings raised shares of Union Pacific from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, October 9th. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a research note on Friday, October 23rd. TD Cowen reiterated a "buy" rating and issued a $328.00 target price (up from $325.00) on shares of Union Pacific in a research note on Friday, October 23rd. Finally, Royal Bank Of Canada set a $328.00 target price on shares of Union Pacific in a report on Friday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $326.44.

Union Pacific Profile

Union Pacific Corporation NYSE: UNP is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.

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