Saybrook Capital NC Has $4.38 Million Stock Holdings in Union Pacific Corporation $UNP

Saybrook Capital NC cut its holdings in Union Pacific Corporation (NYSE:UNP) by 0.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 19,029 shares of the railroad operator’s stock after selling 50 shares during the quarter. Union Pacific makes up about 1.2% of Saybrook Capital NC’s holdings, making the stock its 18th largest holding. Saybrook Capital NC’s holdings in Union Pacific were worth $4,378,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Nuveen LLC acquired a new position in shares of Union Pacific in the 1st quarter valued at approximately $988,822,000. Goldman Sachs Group Inc. grew its position in shares of Union Pacific by 29.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after purchasing an additional 850,025 shares during the period. Auto Owners Insurance Co grew its position in shares of Union Pacific by 61,054.6% in the 1st quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock valued at $147,650,000 after purchasing an additional 623,978 shares during the period. Menora Mivtachim Holdings LTD. acquired a new position in shares of Union Pacific in the 1st quarter valued at approximately $115,096,000. Finally, Canada Pension Plan Investment Board boosted its position in Union Pacific by 10.8% during the 1st quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after acquiring an additional 452,788 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Wells Fargo & Company upped their price target on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research report on Friday. The Goldman Sachs Group set a $263.00 price target on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday. Finally, Evercore ISI reduced their price target on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Down 1.6%

UNP opened at $216.56 on Friday. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The stock’s fifty day simple moving average is $224.95 and its 200 day simple moving average is $224.39. The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 1.75. The stock has a market cap of $128.44 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 2.25 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.75 EPS. As a group, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current 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.