CCLA Investment Management Has $82.43 Million Stake in Union Pacific Corporation $UNP

CCLA Investment Management trimmed its holdings in Union Pacific Corporation (NYSE:UNP) by 6.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 358,372 shares of the railroad operator’s stock after selling 23,974 shares during the period. CCLA Investment Management’s holdings in Union Pacific were worth $82,425,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC lifted its position 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 buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $32,000. WPG Advisers LLC acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $33,000. GFG Capital LLC acquired a new stake in shares of Union Pacific in the second quarter valued at approximately $38,000. Finally, Cornerstone Planning Group LLC lifted its position 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 buying an additional 56 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on UNP shares. Susquehanna reissued a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and upped their price objective for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. Royal Bank Of Canada upped their price objective on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Cowen reaffirmed a “buy” rating on shares of Union Pacific in a report on Friday. Finally, Evercore ISI decreased their price objective 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. One investment 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. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Price Performance

Shares of NYSE UNP opened at $216.56 on Monday. The stock has a market capitalization of $128.44 billion, a PE ratio of 18.40, a P/E/G ratio of 2.27 and a beta of 1.07. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The business has a fifty day moving average price of $224.95 and a two-hundred day moving average price of $224.40. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

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

About Union Pacific

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.