Burt Wealth Advisors Reduces Position in Union Pacific Corporation (UNP)

Burt Wealth Advisors reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 7.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,593 shares of the railroad operator’s stock after selling 375 shares during the period. Burt Wealth Advisors’ holdings in Union Pacific Corporation were worth $500,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in Union Pacific Corporation by 0.4% during the 1st quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock worth $3,673,956,000 after purchasing an additional 127,803 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in Union Pacific Corporation by 2.5% during the 2nd quarter. First Eagle Investment Management LLC now owns 6,105,753 shares of the railroad operator’s stock worth $664,978,000 after purchasing an additional 149,634 shares during the last quarter. Legal & General Group Plc lifted its holdings in Union Pacific Corporation by 3.7% during the 2nd quarter. Legal & General Group Plc now owns 4,529,480 shares of the railroad operator’s stock worth $493,290,000 after purchasing an additional 163,546 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Union Pacific Corporation by 21.6% during the 1st quarter. Ameriprise Financial Inc. now owns 2,996,965 shares of the railroad operator’s stock worth $317,475,000 after purchasing an additional 531,917 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in Union Pacific Corporation by 25.9% during the 1st quarter. Swiss National Bank now owns 2,920,172 shares of the railroad operator’s stock worth $309,305,000 after purchasing an additional 600,300 shares during the last quarter. 78.51% of the stock is owned by institutional investors and hedge funds.

Union Pacific Corporation (NYSE:UNP) opened at 116.37 on Tuesday. The stock’s 50 day moving average price is $113.39 and its 200-day moving average price is $109.06. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $119.71. The firm has a market cap of $93.14 billion, a PE ratio of 21.10 and a beta of 0.84.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter last year, the business posted $1.36 earnings per share. The firm’s revenue was up 4.5% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.

Several analysts recently weighed in on UNP shares. Citigroup Inc. reissued a “buy” rating and set a $120.00 price target on shares of Union Pacific Corporation in a report on Monday, July 10th. Zacks Investment Research cut Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Morgan Stanley reissued an “overweight” rating and set a $102.00 price target (up from $100.00) on shares of Union Pacific Corporation in a report on Monday, July 10th. Aegis cut Union Pacific Corporation from a “buy” rating to a “hold” rating and lifted their price target for the stock from $120.00 to $122.00 in a report on Tuesday, October 10th. Finally, Off Wall Street assumed coverage on Union Pacific Corporation in a report on Tuesday, October 17th. They issued a “sell” rating for the company. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have given a buy rating to the company’s stock. Union Pacific Corporation currently has an average rating of “Hold” and a consensus price target of $116.54.

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About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific Corporation (NYSE:UNP)

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