Sound View Wealth Advisors Group LLC Sells 313 Shares of Union Pacific Corporation $UNP

Sound View Wealth Advisors Group LLC decreased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 7.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,879 shares of the railroad operator’s stock after selling 313 shares during the quarter. Sound View Wealth Advisors Group LLC’s holdings in Union Pacific were worth $893,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Campbell & CO Investment Adviser LLC bought a new position in shares of Union Pacific during the second quarter valued at $5,548,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Union Pacific by 21.7% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 57,498 shares of the railroad operator’s stock worth $13,229,000 after buying an additional 10,255 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Union Pacific by 6.2% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,146,965 shares of the railroad operator’s stock valued at $263,894,000 after buying an additional 67,351 shares during the period. Parkside Financial Bank & Trust increased its holdings in Union Pacific by 6.1% during the second quarter. Parkside Financial Bank & Trust now owns 4,930 shares of the railroad operator’s stock valued at $1,134,000 after buying an additional 285 shares during the last quarter. Finally, Aviva PLC raised its position in Union Pacific by 6.5% in the second quarter. Aviva PLC now owns 454,320 shares of the railroad operator’s stock worth $104,530,000 after acquiring an additional 27,774 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

UNP stock opened at $221.65 on Monday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The company’s fifty day moving average price is $224.06 and its 200-day moving average price is $224.40. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a market capitalization of $131.47 billion, a PE ratio of 18.83, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate 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 earnings per share. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. On average, equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Analyst Ratings Changes

UNP has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Cowen reissued a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Finally, Evercore ISI decreased their target price on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

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.