Union Pacific Co. (NYSE:UNP) Position Cut by Great Lakes Advisors LLC

Great Lakes Advisors LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,381 shares of the railroad operator’s stock after selling 359 shares during the period. Great Lakes Advisors LLC’s holdings in Union Pacific were worth $3,761,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in UNP. Tucker Asset Management LLC bought a new stake in shares of Union Pacific during the 1st quarter worth about $26,000. Meitav Investment House Ltd. bought a new stake in Union Pacific during the second quarter worth approximately $27,000. Miller Wealth Advisors LLC lifted its position in Union Pacific by 108.3% in the first quarter. Miller Wealth Advisors LLC now owns 125 shares of the railroad operator’s stock worth $30,000 after purchasing an additional 65 shares during the period. Centerpoint Advisors LLC boosted its stake in Union Pacific by 86.7% during the 1st quarter. Centerpoint Advisors LLC now owns 155 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 72 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. acquired a new position in shares of Union Pacific during the 4th quarter valued at $32,000. Institutional investors and hedge funds own 77.36% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on UNP. Royal Bank of Canada reaffirmed an “outperform” rating and set a $282.00 target price on shares of Union Pacific in a research note on Friday, October 20th. Bank of America lowered their price objective on shares of Union Pacific from $265.00 to $257.00 and set a “buy” rating on the stock in a research note on Monday, September 25th. Robert W. Baird raised their target price on shares of Union Pacific from $228.00 to $260.00 in a report on Thursday, July 27th. Stifel Nicolaus dropped their price target on Union Pacific from $233.00 to $232.00 and set a “hold” rating on the stock in a report on Tuesday, October 3rd. Finally, Raymond James increased their price objective on Union Pacific from $230.00 to $270.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 27th. Ten investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $238.96.

Insider Buying and Selling

In other Union Pacific news, CFO Jennifer L. Hamann sold 1,000 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total value of $222,830.00. Following the completion of the sale, the chief financial officer now owns 99,378 shares of the company’s stock, valued at $22,144,399.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Union Pacific news, EVP Eric J. Gehringer sold 1,274 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $203.24, for a total transaction of $258,927.76. Following the transaction, the executive vice president now owns 31,991 shares in the company, valued at $6,501,850.84. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Jennifer L. Hamann sold 1,000 shares of Union Pacific stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total transaction of $222,830.00. Following the completion of the transaction, the chief financial officer now directly owns 99,378 shares in the company, valued at approximately $22,144,399.74. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,974 shares of company stock worth $2,416,899. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 0.9 %

Shares of Union Pacific stock opened at $221.10 on Tuesday. The firm has a market cap of $134.78 billion, a price-to-earnings ratio of 21.22, a P/E/G ratio of 2.59 and a beta of 1.10. The stock has a 50-day simple moving average of $209.24 and a 200-day simple moving average of $210.20. Union Pacific Co. has a 52-week low of $183.69 and a 52-week high of $240.48. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.72 and a quick ratio of 0.57.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 19th. The railroad operator reported $2.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.41 by $0.10. Union Pacific had a net margin of 26.37% and a return on equity of 49.14%. The firm had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.96 billion. During the same period in the previous year, the company earned $3.19 earnings per share. The company’s revenue was down 9.5% compared to the same quarter last year. On average, equities research analysts expect that Union Pacific Co. will post 10.24 earnings per share for the current fiscal year.

Union Pacific Company 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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.