Los Angeles Capital Management LLC Sells 27,402 Shares of Union Pacific Corporation $UNP

Los Angeles Capital Management LLC trimmed its position in Union Pacific Corporation (NYSE:UNP) by 73.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,882 shares of the railroad operator’s stock after selling 27,402 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Union Pacific were worth $2,274,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in UNP. Prospera Financial Services Inc grew its position in shares of Union Pacific by 96.1% during the 2nd quarter. Prospera Financial Services Inc now owns 63,851 shares of the railroad operator’s stock worth $14,695,000 after buying an additional 31,290 shares during the period. AGF Management Ltd. boosted its stake in Union Pacific by 412.7% in the second quarter. AGF Management Ltd. now owns 16,483 shares of the railroad operator’s stock valued at $3,792,000 after acquiring an additional 13,268 shares during the last quarter. AE Wealth Management LLC grew its holdings in Union Pacific by 4.7% during the 2nd quarter. AE Wealth Management LLC now owns 26,429 shares of the railroad operator’s stock worth $6,081,000 after acquiring an additional 1,180 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Union Pacific during the 2nd quarter valued at $2,438,000. Finally, Marco Investment Management LLC lifted its stake in shares of Union Pacific by 3.1% in the 2nd quarter. Marco Investment Management LLC now owns 58,116 shares of the railroad operator’s stock valued at $13,371,000 after purchasing an additional 1,773 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Up 1.2%

NYSE UNP opened at $224.05 on Tuesday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The firm has a market cap of $132.90 billion, a P/E ratio of 19.04, a P/E/G ratio of 2.27 and a beta of 1.04. The stock’s 50-day moving average is $224.07 and its 200-day moving average is $224.46.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.75 EPS. Sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on UNP shares. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Citigroup raised their target price on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target on shares of Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, The Goldman Sachs Group set a $263.00 price objective on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

About Union Pacific

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.