Great Lakes Advisors LLC Has $3.76 Million Holdings in Union Pacific Co. (NYSE:UNP)

Great Lakes Advisors LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Tucker Asset Management LLC bought a new stake in shares of Union Pacific during the first quarter worth $26,000. Meitav Investment House Ltd. acquired a new position in Union Pacific during the 2nd quarter worth about $27,000. Miller Wealth Advisors LLC grew its holdings in Union Pacific by 108.3% during the 1st quarter. Miller Wealth Advisors LLC now owns 125 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 65 shares during the last quarter. Centerpoint Advisors LLC increased its position in Union Pacific by 86.7% in the 1st quarter. Centerpoint Advisors LLC now owns 155 shares of the railroad operator’s stock valued at $31,000 after acquiring an additional 72 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new position in shares of Union Pacific in the fourth quarter worth about $32,000. 77.36% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.9 %

UNP stock opened at $221.10 on Tuesday. The company 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. Union Pacific Co. has a twelve month low of $183.69 and a twelve month high of $240.48. The business has a 50 day moving average price of $209.24 and a two-hundred day moving average price of $210.20. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 2.22.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 19th. The railroad operator reported $2.51 EPS for the quarter, beating the consensus estimate of $2.41 by $0.10. Union Pacific had a return on equity of 49.14% and a net margin of 26.37%. The company had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.96 billion. During the same quarter in the prior year, the firm posted $3.19 EPS. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Co. will post 10.24 EPS for the current fiscal year.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Kenyatta G. Rocker sold 8,700 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total value of $1,935,141.00. Following the sale, the executive vice president now owns 42,061 shares in the company, valued at $9,355,628.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Kenyatta G. Rocker sold 8,700 shares of Union Pacific stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the sale, the executive vice president now owns 42,061 shares of the company’s stock, valued at approximately $9,355,628.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jennifer L. Hamann sold 1,000 shares of the stock in a transaction dated 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 $22,144,399.74. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,974 shares of company stock worth $2,416,899. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on UNP shares. Susquehanna decreased their price target on shares of Union Pacific from $240.00 to $220.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 3rd. Wells Fargo & Company lifted their target price on Union Pacific from $200.00 to $245.00 in a research note on Thursday, July 27th. Stephens upped their price target on Union Pacific from $232.00 to $257.00 and gave the company an “overweight” rating in a research note on Thursday, July 27th. JPMorgan Chase & Co. lowered their price objective on Union Pacific from $254.00 to $236.00 and set a “neutral” rating for the company in a research report on Wednesday, October 11th. Finally, Stifel Nicolaus dropped their price objective on Union Pacific from $233.00 to $232.00 and set a “hold” rating for the company in a report on Tuesday, October 3rd. Ten research 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. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $238.96.

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.