Probity Advisors Inc. Sells 63 Shares of Union Pacific Corporation $UNP

Probity Advisors Inc. lessened its position in shares of Union Pacific Corporation (NYSE:UNP) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,405 shares of the railroad operator’s stock after selling 63 shares during the period. Probity Advisors Inc.’s holdings in Union Pacific were worth $553,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Klingman & Associates LLC increased its stake in Union Pacific by 58.3% in the 2nd quarter. Klingman & Associates LLC now owns 1,811 shares of the railroad operator’s stock valued at $417,000 after buying an additional 667 shares during the last quarter. Pittenger & Anderson Inc. lifted its position in Union Pacific by 5.9% during the second quarter. Pittenger & Anderson Inc. now owns 96,955 shares of the railroad operator’s stock worth $22,307,000 after acquiring an additional 5,410 shares during the last quarter. Princeton Global Asset Management LLC lifted its holdings in Union Pacific by 118.0% during the 2nd quarter. Princeton Global Asset Management LLC now owns 218 shares of the railroad operator’s stock worth $50,000 after purchasing an additional 118 shares during the last quarter. Schnieders Capital Management LLC boosted its position in shares of Union Pacific by 0.5% in the second quarter. Schnieders Capital Management LLC now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after acquiring an additional 102 shares during the period. Finally, Evermay Wealth Management LLC boosted its holdings in Union Pacific by 7.3% in the 2nd quarter. Evermay Wealth Management LLC now owns 1,915 shares of the railroad operator’s stock valued at $441,000 after purchasing an additional 130 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.6%

NYSE:UNP opened at $227.37 on Tuesday. The firm has a 50-day moving average price of $224.87 and a two-hundred day moving average price of $224.12. The firm has a market cap of $134.86 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 2.35 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 debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the prior year, the company earned $2.74 EPS. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, equities analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent analyst reports. Baird R W upgraded Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and raised their price objective for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Finally, Royal Bank Of Canada lifted their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.58.

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.