Rathbones Group PLC Decreases Position in Union Pacific Corporation $UNP

Rathbones Group PLC trimmed its holdings in Union Pacific Corporation (NYSE:UNP) by 5.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,905 shares of the railroad operator’s stock after selling 1,943 shares during the quarter. Rathbones Group PLC’s holdings in Union Pacific were worth $8,491,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. CBIZ Investment Advisory Services LLC grew its position in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the last quarter. Access Investment Management LLC acquired a new position in Union Pacific in the second quarter valued at $32,000. WPG Advisers LLC purchased a new position in shares of Union Pacific during the first quarter worth about $33,000. GFG Capital LLC acquired a new stake in shares of Union Pacific during the second quarter worth about $38,000. Finally, IMA Advisory Services Inc. acquired a new stake in shares of Union Pacific during the first quarter worth about $43,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $221.65 on Monday. The stock has a market capitalization of $131.47 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 2.27 and a beta of 1.04. The business’s 50 day moving average is $224.06 and its two-hundred day moving average is $224.40. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.75 earnings per share. Research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of research analyst reports. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Citigroup increased their price objective on Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 24th. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Cowen reiterated a “buy” rating on shares of Union Pacific 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 report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

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, 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.