Crestwood Advisors Group LLC Reduces Position in Union Pacific Corporation $UNP

Crestwood Advisors Group LLC trimmed its position in Union Pacific Corporation (NYSE:UNP) by 7.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,132 shares of the railroad operator’s stock after selling 786 shares during the period. Crestwood Advisors Group LLC’s holdings in Union Pacific were worth $2,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Northern Trust Corp raised its stake in shares of Union Pacific by 2.0% in the first quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock worth $1,678,575,000 after purchasing an additional 142,732 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Union Pacific by 5.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after purchasing an additional 354,463 shares during the period. Royal Bank of Canada lifted its holdings in shares of Union Pacific by 1.7% during the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after purchasing an additional 86,292 shares during the period. Canada Pension Plan Investment Board lifted its stake 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 valued at $1,092,893,000 after acquiring an additional 452,788 shares during the period. Finally, Nuveen LLC purchased a new stake in shares of Union Pacific in the 1st quarter valued at $988,822,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UNP. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. increased their price target on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Evercore ISI cut their price target on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. Finally, Sanford C. Bernstein upped their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Trading Down 1.6%

UNP stock opened at $217.47 on Thursday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The business’s 50-day moving average is $224.18 and its 200 day moving average is $224.32. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The stock has a market cap of $128.99 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 2.27 and a beta of 1.04.

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, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The business’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.75 earnings per share. On average, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific 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.