Analyst IMS Investment Management Services Ltd. Trims Stock Position in Union Pacific Corporation $UNP

Analyst IMS Investment Management Services Ltd. decreased its position in Union Pacific Corporation (NYSE:UNP) by 36.2% during the second quarter, Holdings Channel reports. The firm owned 4,428 shares of the railroad operator’s stock after selling 2,513 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in Union Pacific were worth $1,019,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Nuveen LLC acquired a new position in shares of Union Pacific during the first quarter worth $988,822,000. Goldman Sachs Group Inc. boosted its stake in Union Pacific by 29.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after acquiring an additional 850,025 shares in the last quarter. Auto Owners Insurance Co raised its holdings in shares of 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 valued at $147,650,000 after buying an additional 623,978 shares during the last quarter. Menora Mivtachim Holdings LTD. purchased a new stake in shares of Union Pacific in the first quarter valued at about $115,096,000. Finally, Canada Pension Plan Investment Board raised its holdings 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 during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on UNP shares. Robert W. Baird assumed coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target for the company. JPMorgan Chase & Co. raised their target price on shares of Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Finally, Baird R W raised shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Trading Down 0.2%

NYSE UNP opened at $217.89 on Wednesday. The firm has a market capitalization of $129.24 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 2.28 and a beta of 1.07. The company has a 50-day simple moving average of $224.81 and a 200-day simple moving average of $224.35. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75.

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