Union Pacific Corporation (UNP) Position Lessened by Blue Chip Partners Inc.

Blue Chip Partners Inc. lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 2.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,253 shares of the railroad operator’s stock after selling 167 shares during the period. Blue Chip Partners Inc.’s holdings in Union Pacific Corporation were worth $899,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of UNP. AQR Capital Management LLC raised its position in shares of Union Pacific Corporation by 212.5% in the first quarter. AQR Capital Management LLC now owns 2,387,750 shares of the railroad operator’s stock worth $252,911,000 after buying an additional 1,623,701 shares in the last quarter. American Century Companies Inc. raised its position in shares of Union Pacific Corporation by 102.4% in the first quarter. American Century Companies Inc. now owns 2,450,688 shares of the railroad operator’s stock worth $259,577,000 after buying an additional 1,239,636 shares in the last quarter. Harbour Capital Advisors LLC raised its position in shares of Union Pacific Corporation by 11,520.3% in the second quarter. Harbour Capital Advisors LLC now owns 1,127,981 shares of the railroad operator’s stock worth $10,357,000 after buying an additional 1,118,274 shares in the last quarter. Prudential Financial Inc. raised its position in shares of Union Pacific Corporation by 82.9% in the first quarter. Prudential Financial Inc. now owns 2,223,820 shares of the railroad operator’s stock worth $235,547,000 after buying an additional 1,007,720 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of Union Pacific Corporation in the first quarter worth $92,495,000. Institutional investors own 78.51% of the company’s stock.

Union Pacific Corporation (NYSE UNP) opened at 116.37 on Tuesday. The company has a market capitalization of $93.14 billion, a PE ratio of 21.10 and a beta of 0.84. 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 52 week low of $87.06 and a 52 week high of $119.71.

Union Pacific Corporation (NYSE:UNP) last announced its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.01. The firm had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific Corporation had a net margin of 21.84% and a return on equity of 23.35%. The business’s revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.36 EPS. On average, equities research analysts predict that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.

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A number of brokerages recently issued reports on UNP. Stifel Nicolaus increased their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, August 18th. Royal Bank Of Canada reiterated a “hold” rating and issued a $115.00 price objective on shares of Union Pacific Corporation in a research report on Friday, August 25th. BMO Capital Markets reiterated a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, September 15th. Citigroup Inc. downgraded Union Pacific Corporation from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a research report on Wednesday, October 4th. Finally, Off Wall Street began coverage on Union Pacific Corporation in a research report on Tuesday, October 17th. They issued a “sell” rating on the stock. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $116.54.

Union Pacific Corporation Company Profile

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.

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

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