Financial Architects Inc reduced its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 8.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 3,281 shares of the railroad operator’s stock after selling 315 shares during the period. Financial Architects Inc’s holdings in Union Pacific were worth $671,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of UNP. Vise Technologies Inc. raised its stake in shares of Union Pacific by 14.3% during the 1st quarter. Vise Technologies Inc. now owns 4,388 shares of the railroad operator’s stock worth $883,000 after buying an additional 548 shares during the period. Capital Asset Advisory Services LLC increased its holdings in Union Pacific by 25.6% in the 1st quarter. Capital Asset Advisory Services LLC now owns 5,046 shares of the railroad operator’s stock worth $1,016,000 after acquiring an additional 1,028 shares in the last quarter. Clearbridge Investments LLC raised its position in Union Pacific by 1.1% during the first quarter. Clearbridge Investments LLC now owns 1,933,582 shares of the railroad operator’s stock worth $389,153,000 after acquiring an additional 21,361 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in Union Pacific by 18.4% during the second quarter. Dynamic Advisor Solutions LLC now owns 20,508 shares of the railroad operator’s stock valued at $4,196,000 after purchasing an additional 3,186 shares in the last quarter. Finally, First Hawaiian Bank grew its position in shares of Union Pacific by 6.9% in the second quarter. First Hawaiian Bank now owns 12,535 shares of the railroad operator’s stock valued at $2,565,000 after purchasing an additional 806 shares during the period. 77.36% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
UNP has been the subject of several research analyst reports. Benchmark restated a “buy” rating and set a $254.00 price target on shares of Union Pacific in a research report on Friday, October 20th. Stifel Nicolaus decreased their target price on Union Pacific from $233.00 to $232.00 and set a “hold” rating on the stock in a research report on Tuesday, October 3rd. Robert W. Baird boosted their price target on Union Pacific from $228.00 to $260.00 in a research report on Thursday, July 27th. Wells Fargo & Company raised their price objective on Union Pacific from $200.00 to $245.00 in a report on Thursday, July 27th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Union Pacific from a “hold” rating to a “buy” rating and upped their target price for the stock from $223.00 to $235.00 in a report on Friday, October 20th. Ten research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $238.96.
Insider Activity at Union Pacific
In related news, EVP Kenyatta G. Rocker sold 8,700 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the transaction, the executive vice president now directly owns 42,061 shares in the company, valued at approximately $9,355,628.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Kenyatta G. Rocker sold 8,700 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total value of $1,935,141.00. Following the sale, the executive vice president now owns 42,061 shares of the company’s stock, valued at $9,355,628.23. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Eric J. Gehringer sold 1,274 shares of the stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $203.24, for a total transaction of $258,927.76. Following the completion of the sale, the executive vice president now directly owns 31,991 shares in the company, valued at $6,501,850.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,974 shares of company stock worth $2,416,899. 0.30% of the stock is currently owned by company insiders.
Union Pacific Trading Up 3.0 %
Shares of UNP stock opened at $215.69 on Wednesday. The company has a 50-day moving average of $208.62 and a two-hundred day moving average of $209.57. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.72 and a quick ratio of 0.57. Union Pacific Co. has a 1-year low of $183.69 and a 1-year high of $240.48. The firm has a market cap of $131.48 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 2.47 and a beta of 1.10.
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, October 19th. The railroad operator reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.10. Union Pacific had a net margin of 26.37% and a return on equity of 49.14%. The firm had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.96 billion. During the same quarter last year, the firm earned $3.19 EPS. The firm’s revenue for the quarter was down 9.5% on a year-over-year basis. On average, analysts predict that Union Pacific Co. will post 10.24 EPS for the current 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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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