Cetera Investment Advisers Sells 3,822 Shares of Union Pacific Co. (NYSE:UNP)

Cetera Investment Advisers lessened its holdings in Union Pacific Co. (NYSE:UNP) by 2.2% during the 4th quarter, Holdings Channel reports. The firm owned 172,434 shares of the railroad operator’s stock after selling 3,822 shares during the period. Cetera Investment Advisers’ holdings in Union Pacific were worth $39,322,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Norges Bank bought a new position in shares of Union Pacific during the fourth quarter worth $1,927,377,000. Raymond James Financial Inc. bought a new position in Union Pacific during the fourth quarter worth about $1,035,905,000. Geode Capital Management LLC grew its stake in Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after acquiring an additional 1,616,895 shares during the period. Capital Research Global Investors increased its holdings in shares of Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares in the last quarter. Finally, Castlekeep Investment Advisors LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $273,361,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $214.00 on Thursday. The company has a fifty day moving average price of $226.74 and a two-hundred day moving average price of $234.12. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The stock has a market cap of $127.86 billion, a P/E ratio of 19.30, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.69 EPS. As a group, equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on UNP. Jefferies Financial Group lowered their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. BMO Capital Markets raised their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Susquehanna cut their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. UBS Group dropped their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Finally, Raymond James reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $257.86.

Union Pacific 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.