TIAA Trust National Association Sells 1,316 Shares of Union Pacific Corporation $UNP

TIAA Trust National Association lessened its stake in Union Pacific Corporation (NYSE:UNP) by 2.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 43,652 shares of the railroad operator’s stock after selling 1,316 shares during the period. TIAA Trust National Association’s holdings in Union Pacific were worth $10,043,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC increased its position in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Asset Management Inc. acquired a new stake in Union Pacific during the first quarter worth $32,000. WPG Advisers LLC bought a new stake in Union Pacific in the 1st quarter valued at $33,000. GFG Capital LLC acquired a new position in shares of Union Pacific in the 2nd quarter valued at $38,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after acquiring an additional 56 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of analyst reports. Citigroup upped their target price on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and increased their target price for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Morgan Stanley lowered their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Monday, July 7th. Finally, BMO Capital Markets cut their price objective on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Trading Up 0.9%

UNP stock opened at $220.80 on Monday. The business has a fifty day moving average price of $224.37 and a 200 day moving average price of $224.37. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The stock has a market capitalization of $130.97 billion, a price-to-earnings ratio of 18.76, a P/E/G ratio of 2.27 and a beta of 1.07. 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 announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter in the prior year, the business earned $2.75 earnings per share. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. 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.