Redwood Park Advisors LLC Reduces Stock Position in Union Pacific Corporation $UNP

Redwood Park Advisors LLC lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 44.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,375 shares of the railroad operator’s stock after selling 1,098 shares during the period. Redwood Park Advisors LLC’s holdings in Union Pacific were worth $316,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Motley Fool Asset Management LLC boosted its holdings in shares of Union Pacific by 13.8% during the second quarter. Motley Fool Asset Management LLC now owns 37,275 shares of the railroad operator’s stock worth $8,576,000 after purchasing an additional 4,527 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its holdings in Union Pacific by 10.3% in the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 6,483 shares of the railroad operator’s stock worth $1,492,000 after buying an additional 604 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Union Pacific by 147.5% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 168,826 shares of the railroad operator’s stock worth $38,843,000 after buying an additional 100,603 shares during the period. Advisory Alpha LLC lifted its holdings in Union Pacific by 6.2% in the 2nd quarter. Advisory Alpha LLC now owns 2,418 shares of the railroad operator’s stock worth $556,000 after buying an additional 142 shares during the period. Finally, Rossby Financial LCC lifted its holdings in Union Pacific by 12.2% in the 2nd quarter. Rossby Financial LCC now owns 2,103 shares of the railroad operator’s stock worth $484,000 after buying an additional 228 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on UNP shares. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. Wells Fargo & Company raised their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Robert W. Baird began coverage on shares of Union Pacific in a report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective for the company. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Trading Up 0.8%

Shares of NYSE UNP opened at $218.26 on Tuesday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The stock has a market cap of $129.46 billion, a P/E ratio of 18.54, a price-to-earnings-growth ratio of 2.27 and a beta of 1.07. The firm has a 50-day moving average of $224.92 and a 200 day moving average of $224.36. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

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