Union Pacific Corporation $UNP Shares Sold by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC lowered its stake in Union Pacific Corporation (NYSE:UNP) by 3.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 29,110 shares of the railroad operator’s stock after selling 1,194 shares during the period. Exencial Wealth Advisors LLC’s holdings in Union Pacific were worth $6,698,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of UNP. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after acquiring an additional 8,925 shares during the period. LGT Group Foundation boosted its stake in Union Pacific by 9.7% in the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after purchasing an additional 477 shares during the period. Nuveen LLC purchased a new position in Union Pacific during the 1st quarter worth approximately $988,822,000. SlateStone Wealth LLC lifted its position in Union Pacific by 6.2% in the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after buying an additional 772 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC lifted its position in Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after buying an additional 359 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and raised their price objective for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. Sanford C. Bernstein increased their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.58.

Union Pacific Stock Performance

Shares of UNP stock opened at $226.50 on Wednesday. The firm has a market cap of $134.34 billion, a PE ratio of 19.68, a P/E/G ratio of 2.36 and a beta of 1.07. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company’s fifty day simple moving average is $225.02 and its 200-day simple moving average is $224.14. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the previous year, the company earned $2.74 earnings per share. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

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.