CNB Bank raised its position in Union Pacific Co. (NYSE:UNP) by 8.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,097 shares of the railroad operator’s stock after acquiring an additional 1,060 shares during the quarter. Union Pacific makes up approximately 2.0% of CNB Bank’s portfolio, making the stock its 8th biggest position. CNB Bank’s holdings in Union Pacific were worth $2,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Community Bank & Trust Waco Texas lifted its stake in Union Pacific by 0.3% during the second quarter. Community Bank & Trust Waco Texas now owns 22,618 shares of the railroad operator’s stock worth $3,825,000 after purchasing an additional 60 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its stake in Union Pacific by 2.3% during the second quarter. YorkBridge Wealth Partners LLC now owns 2,614 shares of the railroad operator’s stock worth $442,000 after purchasing an additional 60 shares during the last quarter. 1ST Source Bank lifted its stake in Union Pacific by 1.6% during the second quarter. 1ST Source Bank now owns 3,789 shares of the railroad operator’s stock worth $641,000 after purchasing an additional 61 shares during the last quarter. Capital Investment Advisory Services LLC lifted its stake in Union Pacific by 1.8% during the third quarter. Capital Investment Advisory Services LLC now owns 3,368 shares of the railroad operator’s stock worth $546,000 after purchasing an additional 61 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its stake in Union Pacific by 0.5% during the second quarter. Cresset Asset Management LLC now owns 13,308 shares of the railroad operator’s stock worth $2,251,000 after purchasing an additional 63 shares during the last quarter. 79.29% of the stock is owned by institutional investors.

Several equities research analysts recently weighed in on the company. Cascend Securities cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Wells Fargo & Co began coverage on Union Pacific in a research note on Monday, October 28th. They issued a “market perform” rating and a $162.00 price objective for the company. Zacks Investment Research upgraded Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 price objective for the company in a research note on Monday, July 22nd. Credit Suisse Group boosted their price objective on Union Pacific from $182.00 to $185.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Finally, Bank of America reduced their price objective on Union Pacific from $179.00 to $167.00 and set a “neutral” rating for the company in a research note on Tuesday, October 8th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the stock. Union Pacific has a consensus rating of “Buy” and an average target price of $178.67.

Shares of NYSE:UNP traded down $0.91 during trading on Friday, reaching $176.10. The company had a trading volume of 1,440,615 shares, compared to its average volume of 3,548,266. The firm has a market capitalization of $123.41 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.09 and a beta of 1.06. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.89 and a quick ratio of 0.72. The stock’s fifty day moving average price is $164.85 and its 200 day moving average price is $168.95. Union Pacific Co. has a fifty-two week low of $128.08 and a fifty-two week high of $180.54.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 17th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.07). The company had revenue of $5.52 billion during the quarter, compared to analyst estimates of $5.65 billion. Union Pacific had a net margin of 27.28% and a return on equity of 32.65%. The company’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.15 EPS. On average, equities analysts anticipate that Union Pacific Co. will post 8.52 EPS for the current fiscal year.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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