Union Pacific Corporation (UNP) Shares Sold by Fiduciary Trust Co.

Fiduciary Trust Co. lowered its position in Union Pacific Corporation (NYSE:UNP) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,159 shares of the railroad operator’s stock after selling 9,493 shares during the quarter. Fiduciary Trust Co.’s holdings in Union Pacific Corporation were worth $19,730,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Manchester Capital Management LLC lifted its holdings in Union Pacific Corporation by 3.0% during the second quarter. Manchester Capital Management LLC now owns 9,186 shares of the railroad operator’s stock worth $1,000,000 after buying an additional 270 shares during the period. Ffcm LLC lifted its holdings in Union Pacific Corporation by 8.0% during the second quarter. Ffcm LLC now owns 33,950 shares of the railroad operator’s stock worth $3,697,000 after buying an additional 2,501 shares during the period. Calamos Advisors LLC lifted its holdings in Union Pacific Corporation by 0.3% during the second quarter. Calamos Advisors LLC now owns 407,534 shares of the railroad operator’s stock worth $44,385,000 after buying an additional 1,084 shares during the period. Atlantic Trust Group LLC lifted its holdings in Union Pacific Corporation by 3.6% during the second quarter. Atlantic Trust Group LLC now owns 1,005,413 shares of the railroad operator’s stock worth $109,499,000 after buying an additional 34,695 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC lifted its holdings in Union Pacific Corporation by 189.8% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 476,662 shares of the railroad operator’s stock worth $41,589,000 after buying an additional 312,159 shares during the period. 79.66% of the stock is currently owned by institutional investors.

Several brokerages have recently commented on UNP. UBS AG increased their price objective on Union Pacific Corporation from $115.00 to $126.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Loop Capital increased their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a report on Monday, October 30th. Royal Bank Of Canada reiterated a “hold” rating and set a $124.00 price objective on shares of Union Pacific Corporation in a report on Thursday, November 9th. Goldman Sachs Group, Inc. (The) began coverage on Union Pacific Corporation in a report on Monday. They set a “sell” rating and a $103.00 price objective for the company. Finally, BMO Capital Markets increased their price objective on Union Pacific Corporation from $123.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. Union Pacific Corporation currently has a consensus rating of “Hold” and an average target price of $117.59.

TRADEMARK VIOLATION NOTICE: “Union Pacific Corporation (UNP) Shares Sold by Fiduciary Trust Co.” was originally reported by Transcript Daily and is the property of of Transcript Daily. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://transcriptdaily.com/2017/11/15/union-pacific-corporation-unp-shares-sold-by-fiduciary-trust-co.html.

Shares of Union Pacific Corporation (NYSE:UNP) opened at $116.23 on Wednesday. Union Pacific Corporation has a 12-month low of $97.48 and a 12-month high of $119.71. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. The company has a market capitalization of $91,862.59, a PE ratio of 20.62, a PEG ratio of 1.89 and a beta of 0.87.

Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The firm had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. During the same period last year, the firm earned $1.36 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. analysts predict that Union Pacific Corporation will post 5.78 earnings per share for the current fiscal year.

About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP).

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

Receive News & Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply