Union Pacific Co. (NYSE:UNP) Position Decreased by Bessemer Securities LLC

Bessemer Securities LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 71.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,474 shares of the railroad operator’s stock after selling 6,307 shares during the period. Bessemer Securities LLC’s holdings in Union Pacific were worth $506,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in UNP. Bank Julius Baer & Co. Ltd Zurich lifted its stake in Union Pacific by 104,263.0% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 341,697,058 shares of the railroad operator’s stock valued at $69,918,052,000 after buying an additional 341,369,646 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its stake in Union Pacific by 90,390.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock valued at $2,836,353,000 after buying an additional 13,682,419 shares in the last quarter. Norges Bank purchased a new stake in Union Pacific during the fourth quarter valued at about $1,276,498,000. Soroban Capital Partners LP lifted its stake in Union Pacific by 77.5% during the first quarter. Soroban Capital Partners LP now owns 8,260,185 shares of the railroad operator’s stock valued at $1,662,445,000 after buying an additional 3,605,266 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in Union Pacific by 54.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,693,943 shares of the railroad operator’s stock valued at $1,347,224,000 after buying an additional 2,349,841 shares in the last quarter. Institutional investors own 77.36% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of a number of analyst reports. Stifel Nicolaus reduced their price objective on shares of Union Pacific from $233.00 to $232.00 and set a “hold” rating for the company in a research note on Tuesday, October 3rd. Deutsche Bank Aktiengesellschaft raised shares of Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the stock from $223.00 to $235.00 in a research report on Friday, October 20th. StockNews.com initiated coverage on shares of Union Pacific in a research report on Thursday, October 5th. They issued a “hold” rating for the company. Atlantic Securities lowered shares of Union Pacific from an “overweight” rating to a “neutral” rating and set a $244.00 price target for the company. in a research report on Thursday, July 27th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $282.00 price target on shares of Union Pacific in a research report on Friday, October 20th. Ten investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $238.96.

Insider Transactions at Union Pacific

In other news, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total value of $222,830.00. Following the sale, the chief financial officer now owns 99,378 shares in the company, valued at $22,144,399.74. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, EVP Eric J. Gehringer sold 1,274 shares of the firm’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $203.24, for a total value of $258,927.76. Following the sale, the executive vice president now owns 31,991 shares in the company, valued at $6,501,850.84. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total transaction of $222,830.00. Following the completion of the sale, the chief financial officer now owns 99,378 shares in the company, valued at approximately $22,144,399.74. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,974 shares of company stock worth $2,416,899. Insiders own 0.28% of the company’s stock.

Union Pacific Trading Up 0.9 %

Shares of UNP stock opened at $221.10 on Tuesday. Union Pacific Co. has a 12 month low of $183.69 and a 12 month high of $240.48. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 2.22. The business’s 50 day moving average is $209.24 and its two-hundred day moving average is $210.20. The company has a market cap of $134.78 billion, a PE ratio of 21.22, a price-to-earnings-growth ratio of 2.59 and a beta of 1.10.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 19th. The railroad operator reported $2.51 EPS for the quarter, beating the consensus estimate of $2.41 by $0.10. The company had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.96 billion. Union Pacific had a return on equity of 49.14% and a net margin of 26.37%. The company’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter last year, the company posted $3.19 earnings per share. Equities 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.