Amalgamated Bank Has $27.17 Million Position in Union Pacific Corporation $UNP

Amalgamated Bank reduced its stake in Union Pacific Corporation (NYSE:UNP) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,074 shares of the railroad operator’s stock after selling 5,436 shares during the period. Amalgamated Bank’s holdings in Union Pacific were worth $27,166,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. CBIZ Investment Advisory Services LLC increased its holdings in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Union Pacific in the first quarter valued at about $32,000. WPG Advisers LLC acquired a new position in shares of Union Pacific in the first quarter valued at about $33,000. Cornerstone Planning Group LLC grew its stake in shares of Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. Finally, GFG Capital LLC acquired a new position in shares of Union Pacific in the second quarter valued at about $38,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP stock opened at $216.51 on Thursday. The company has a market cap of $128.42 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 2.29 and a beta of 1.07. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The firm has a 50 day moving average of $224.62 and a 200-day moving average of $224.34.

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

Analyst Ratings Changes

Several research firms recently commented on UNP. Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and upped their price target for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. Citigroup raised their price objective on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 24th. BMO Capital Markets lowered their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.