Union Pacific Corporation $UNP Shares Sold by Alan B Lancz & Associates Inc.

Alan B Lancz & Associates Inc. decreased its position in Union Pacific Corporation (NYSE:UNP) by 14.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,156 shares of the railroad operator’s stock after selling 200 shares during the quarter. Alan B Lancz & Associates Inc.’s holdings in Union Pacific were worth $266,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp raised its holdings in Union Pacific by 2.0% in the first quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock valued at $1,678,575,000 after acquiring an additional 142,732 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in 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 valued at $1,641,715,000 after acquiring an additional 354,463 shares in the last quarter. Royal Bank of Canada increased its stake in 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 purchasing an additional 86,292 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in 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 purchasing an additional 452,788 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Union Pacific in the first quarter valued at approximately $988,822,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $225.98 on Monday. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The firm has a market cap of $134.03 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07. The company’s 50 day simple moving average is $224.71 and its 200-day simple moving average is $224.02. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) 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 analyst estimates of $6.09 billion. During the same period last year, the firm posted $2.74 earnings per share. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. As a group, equities analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Sanford C. Bernstein increased their price target on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Citigroup reiterated a “buy” rating and issued a $263.00 price target (up from $251.00) on shares of Union Pacific in a research note on Monday, October 13th. UBS Group set a $253.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. Robert W. Baird assumed coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target on the stock. Finally, Baird R W upgraded shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $261.58.

Union Pacific Company 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.