Union Pacific Corporation $UNP Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 0.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,085 shares of the railroad operator’s stock after selling 73 shares during the period. Generali Asset Management SPA SGR’s holdings in Union Pacific were worth $12,904,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Northern Trust Corp increased its holdings in Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock valued at $1,678,575,000 after purchasing an additional 142,732 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Union Pacific by 5.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after buying an additional 354,463 shares during the period. Royal Bank of Canada grew its stake in shares of Union Pacific by 1.7% in the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock valued at $1,206,191,000 after buying an additional 86,292 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Union Pacific by 10.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock valued at $1,092,893,000 after buying an additional 452,788 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Union Pacific during the 1st quarter worth approximately $988,822,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on UNP. BMO Capital Markets increased their price objective on shares of Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Wells Fargo & Company upped their target price on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their price target for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. JPMorgan Chase & Co. cut their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, Morgan Stanley decreased their price objective on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $261.58.

Union Pacific Price Performance

Shares of UNP stock opened at $227.10 on Wednesday. The firm has a market cap of $134.70 billion, a P/E ratio of 19.73, a P/E/G ratio of 2.35 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The firm has a fifty day moving average of $224.61 and a two-hundred day moving average of $224.27.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $6.09 billion. During the same quarter in the prior year, the business posted $2.74 EPS. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

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.