Sagespring Wealth Partners LLC Sells 324 Shares of Union Pacific Corporation $UNP

Sagespring Wealth Partners LLC lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 2.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,325 shares of the railroad operator’s stock after selling 324 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Union Pacific were worth $2,836,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in UNP. Pines Wealth Management LLC lifted its position in shares of Union Pacific by 1.7% during the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after buying an additional 43 shares in the last quarter. Titleist Asset Management LLC increased its stake in shares of Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after purchasing an additional 44 shares during the last quarter. Five Oceans Advisors grew its stake in Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after buying an additional 44 shares in the last quarter. Stiles Financial Services Inc grew its stake in Union Pacific by 1.6% in the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after buying an additional 48 shares in the last quarter. Finally, Avalon Trust Co grew its stake in Union Pacific by 5.1% in the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock valued at $237,000 after buying an additional 49 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on UNP shares. Robert W. Baird started coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target for the company. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Morgan Stanley lowered their price target on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. Citigroup reissued a “buy” rating and issued a $263.00 price target (up from $251.00) on shares of Union Pacific in a research note on Monday. Finally, Baird R W upgraded shares of Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $261.58.

Union Pacific Price Performance

Shares of NYSE UNP opened at $227.10 on Wednesday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. 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 company’s 50-day moving average is $224.61 and its 200 day moving average is $224.27. The stock has a market capitalization of $134.70 billion, a P/E ratio of 19.73, a P/E/G ratio of 2.35 and a beta of 1.07.

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