Union Pacific Corporation $UNP Shares Sold by Duff & Phelps Investment Management Co.

Duff & Phelps Investment Management Co. decreased its holdings in Union Pacific Corporation (NYSE:UNP) by 51.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 86,810 shares of the railroad operator’s stock after selling 92,947 shares during the quarter. Duff & Phelps Investment Management Co.’s holdings in Union Pacific were worth $19,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC raised its stake in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Financial Gravity Companies Inc. purchased a new stake in Union Pacific during the 2nd quarter worth $31,000. Access Investment Management LLC acquired a new stake in Union Pacific in the 2nd quarter valued at $32,000. WPG Advisers LLC purchased a new position in Union Pacific in the first quarter valued at about $33,000. Finally, GFG Capital LLC acquired a new position in shares of Union Pacific during the second quarter worth about $38,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on UNP. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Sanford C. Bernstein upped their price target on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. BMO Capital Markets lowered their price objective on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. UBS Group set a $253.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Finally, Argus downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. One 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 stock. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Price Performance

UNP stock opened at $222.87 on Monday. The stock’s 50 day moving average is $224.18 and its two-hundred day moving average is $224.72. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a market capitalization of $132.19 billion, a PE ratio of 18.94, a P/E/G ratio of 2.27 and a beta of 1.04. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.75 earnings per share. Analysts predict that Union Pacific Corporation will post 11.99 earnings per share 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.