Gables Capital Management Inc. Sells 1,000 Shares of Union Pacific Corporation $UNP

Gables Capital Management Inc. decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 71.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 404 shares of the railroad operator’s stock after selling 1,000 shares during the quarter. Gables Capital Management Inc.’s holdings in Union Pacific were worth $93,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pines Wealth Management LLC grew its position in shares of Union Pacific by 1.7% during the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after buying an additional 43 shares in the last quarter. Titleist Asset Management LLC boosted its position in Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares in the last quarter. Five Oceans Advisors boosted its position in Union Pacific by 3.9% during the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares in the last quarter. St. Johns Investment Management Company LLC boosted its position in Union Pacific by 1.6% during the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after purchasing an additional 46 shares in the last quarter. Finally, Schubert & Co boosted its position in Union Pacific by 1.9% during the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after purchasing an additional 47 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent research reports. Baird R W raised Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and raised their price objective for the company from $250.00 to $285.00 in a research report on Friday, July 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company raised their price objective on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.58.

Union Pacific Price Performance

Shares of NYSE UNP opened at $226.50 on Wednesday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The company has a market cap of $134.34 billion, a PE ratio of 19.68, a P/E/G ratio of 2.36 and a beta of 1.07. The business has a 50-day simple moving average of $225.02 and a two-hundred day simple moving average of $224.14. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. The business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company earned $2.74 earnings per share. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

About Union Pacific

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