DekaBank Deutsche Girozentrale Trims Position in Union Pacific Corporation $UNP

DekaBank Deutsche Girozentrale lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 3.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 590,385 shares of the railroad operator’s stock after selling 24,127 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Union Pacific were worth $137,501,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. CBIZ Investment Advisory Services LLC raised its holdings in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares during the period. Financial Gravity Asset Management Inc. purchased a new stake in Union Pacific in the 1st quarter valued at about $32,000. WPG Advisers LLC purchased a new stake in Union Pacific in the 1st quarter valued at about $33,000. Cornerstone Planning Group LLC raised its holdings in Union Pacific by 50.5% in the 1st 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 period. Finally, GFG Capital LLC purchased a new stake in Union Pacific in the 2nd quarter valued at about $38,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.6%

Shares of NYSE:UNP opened at $227.37 on Tuesday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The firm has a market capitalization of $134.86 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The firm’s 50-day moving average is $224.87 and its two-hundred day moving average is $224.12.

Union Pacific (NYSE:UNP) last issued its quarterly 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 company had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the previous year, the firm earned $2.74 earnings per share. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on UNP. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their price objective for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. UBS Group set a $253.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Finally, Morgan Stanley reduced their price objective on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $261.58.

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.