Union Pacific Corporation $UNP Shares Sold by Violich Capital Management Inc.

Violich Capital Management Inc. lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 14.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,140 shares of the railroad operator’s stock after selling 5,725 shares during the period. Union Pacific accounts for approximately 1.1% of Violich Capital Management Inc.’s investment portfolio, making the stock its 22nd biggest position. Violich Capital Management Inc.’s holdings in Union Pacific were worth $7,855,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Pines Wealth Management LLC raised its position in shares of Union Pacific by 1.7% during the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after purchasing an additional 43 shares during the last quarter. Titleist Asset Management LLC grew its stake in Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after acquiring an additional 44 shares in the last quarter. Five Oceans Advisors grew its stake in Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after acquiring an additional 44 shares in the last quarter. Schubert & Co grew its stake in Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after acquiring an additional 47 shares in the last quarter. Finally, Stiles Financial Services Inc grew its stake in Union Pacific by 1.6% during the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after acquiring an additional 48 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP opened at $225.98 on Friday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The stock has a market capitalization of $134.03 billion, a P/E ratio of 19.63, a PEG ratio of 2.35 and a beta of 1.07. The company has a 50 day moving average price of $224.71 and a 200 day moving average price of $224.02. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. UBS Group set a $253.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Evercore ISI dropped their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research note on Friday, July 25th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.58.

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.