Union Pacific Corporation $UNP Stake Lessened by AssuredPartners Investment Advisors LLC

AssuredPartners Investment Advisors LLC decreased its position in Union Pacific Corporation (NYSE:UNP) by 4.0% in the second quarter, HoldingsChannel reports. The firm owned 1,188 shares of the railroad operator’s stock after selling 50 shares during the period. AssuredPartners Investment Advisors LLC’s holdings in Union Pacific were worth $273,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of UNP. Nuveen LLC bought a new position in Union Pacific in the 1st quarter worth $988,822,000. Goldman Sachs Group Inc. grew its position in Union Pacific by 29.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock worth $873,878,000 after purchasing an additional 850,025 shares during the last quarter. Auto Owners Insurance Co grew its position in Union Pacific by 61,054.6% in the 1st quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after purchasing an additional 623,978 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in Union Pacific in the 1st quarter worth $115,096,000. Finally, Canada Pension Plan Investment Board boosted its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on UNP. Evercore ISI reduced their price target on shares of 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. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their target price for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. Citigroup reaffirmed a “buy” rating and issued a $263.00 target price (up from $251.00) on shares of Union Pacific in a research note on Monday. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $261.58.

Union Pacific Price Performance

NYSE:UNP opened at $225.98 on Friday. The firm has a market cap of $134.03 billion, a price-to-earnings ratio of 19.63, a P/E/G ratio of 2.33 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The firm’s 50-day simple moving average is $224.71 and its 200 day simple moving average is $224.12.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the prior year, the company posted $2.74 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current 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.