Louisiana State Employees Retirement System reduced its Union Pacific Co. holdings, while Q3 earnings slightly missed forecasts.
The Louisiana State Employees Retirement System reduced its Union Pacific Co. (UNP) holdings by 200 shares, now owning 34,300 shares valued at $8.45 million. Several hedge funds increased their stakes, with 80.38% of UNP owned by institutional investors. Union Pacific's Q3 earnings were $2.75 per share, slightly missing forecasts. The stock holds a "Moderate Buy" rating and an average target price of $259.15, with a market cap of $140.30 billion.
October 26, 2024
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