Union Pacific Corp (NYSE:UNP).
Omers Administration Corp says it bought 526,400 shares last quarter increasing its holdings in Union Pacific Corp by 52.2%. Its stake stood at $177,968,000 an increase of $68,165,000 as of the end of the quarter.
Several firms have updated their holdings. Baird Financial Group, Inc. augmented its ownership by buying 4,913 shares an increase of 0.9% as of 09/30/2017. Baird Financial Group, Inc. currently owns 556,275 shares with a value of $64,511,000. The value of the position overall is up by 7.4%. Hosking Partners Llp expanded its holdings by buying 1,407 shares an increase of 0.5% from 06/30/2017 to 09/30/2017. Hosking Partners Llp controls 277,138 shares worth $32,140,000. The total value of its holdings increased 7.0%.
As of quarter end Bowen Hanes & Co Inc had bought a total of 11,595 shares growing its stake by 5.1%. The value of the investment in UNP went from $24,820,000 to $27,774,000 a change of $2,954,000 since the last quarter.
On November 9 Royal Bank Of Canada kept the stock rating at “Hold” with a current price target of $124.00. Equity analyst Morgan Stanley raised the price target on October 31 boosting the projection from $100.00 to $104.00 with a rating of “Equal Weight”.
Argus raised the price target of the stock on October 31 changing the forecast from $125.00 to $130.00 with a “Buy” recommendation. Loop Capital raised the price target on October 30 changing the price objective from $118.00 to $120.00 and stated a “Hold” rating.
Equity analyst BMO Capital Markets raised the price target of the stock on October 27 boosting the projection from $123.00 to $127.00 and issued a “Outperform” recommendation. On October 20, 2017 BMO Capital Markets kept a “Buy” rating on the company.
The company is so far trading down from yesterday’s close of 116.23. The company’s P/E ratio is 20.48 and the market cap is 91.11B. As of the last earnings report the EPS was $5.65 with 800.38M shares currently outstanding.
Traders are feeling more bullish on shares of Union Pacific Corp recently if you put credence in the change in short interest. The company recorded a fall in short interest of -0.67% as of October 13, 2017 from the last reporting period. Short interest decreased from 10,484,072 to 10,413,421 over that period. The days to cover decreased to 4.0 and the percentage of shorted shares is 0.01% as of October 13.