Union Pacific Corporation $UNP Shares Sold by Phoenix Wealth Advisors

Phoenix Wealth Advisors lowered its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 4.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,845 shares of the railroad operator’s stock after selling 475 shares during the period. Phoenix Wealth Advisors’ holdings in Union Pacific were worth $2,495,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Nuveen LLC acquired a new stake in Union Pacific in the first quarter worth about $988,822,000. Rothschild & Co Wealth Management UK Ltd increased its stake in shares of Union Pacific by 3,536.2% during the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock valued at $232,767,000 after acquiring an additional 983,855 shares during the period. Goldman Sachs Group Inc. raised its holdings in Union Pacific by 29.8% during the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock worth $873,878,000 after purchasing an additional 850,025 shares in the last quarter. Auto Owners Insurance Co lifted its position in Union Pacific by 61,054.6% in the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after purchasing an additional 623,978 shares during the period. Finally, Menora Mivtachim Holdings LTD. bought a new position in Union Pacific during the 1st quarter valued at $115,096,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Cowen reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Susquehanna reaffirmed a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Royal Bank Of Canada increased their target price on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Evercore ISI dropped their price target on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a report on Friday, July 25th. Finally, Barclays lowered Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Stock Down 0.9%

Shares of Union Pacific stock opened at $221.48 on Friday. 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 Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The stock has a 50-day moving average price of $224.13 and a 200 day moving average price of $224.52. The company has a market cap of $131.37 billion, a P/E ratio of 18.82, a P/E/G ratio of 2.27 and a beta of 1.04.

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