Union Pacific Corporation $UNP Shares Sold by Bristlecone Advisors LLC

Bristlecone Advisors LLC cut its stake in Union Pacific Corporation (NYSE:UNP) by 8.6% in the second quarter, HoldingsChannel reports. The fund owned 11,231 shares of the railroad operator’s stock after selling 1,058 shares during the period. Bristlecone Advisors LLC’s holdings in Union Pacific were worth $2,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC lifted its holdings in 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 acquiring an additional 112 shares during the period. Financial Gravity Asset Management Inc. acquired a new position in Union Pacific in the first quarter valued at approximately $32,000. WPG Advisers LLC acquired a new position in Union Pacific in the first quarter valued at approximately $33,000. Cornerstone Planning Group LLC lifted its holdings in 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 acquiring an additional 56 shares during the period. Finally, GFG Capital LLC acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $38,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.2%

NYSE UNP opened at $217.89 on Wednesday. The business has a fifty day moving average price of $224.81 and a 200 day moving average price 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. The company has a market cap of $129.24 billion, a P/E ratio of 18.51, a P/E/G ratio of 2.28 and a beta of 1.07.

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

Analysts Set New Price Targets

UNP has been the subject of several research analyst reports. Sanford C. Bernstein upped their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Baird R W raised Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. UBS Group set a $253.00 target price on Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Royal Bank Of Canada upped their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Finally, Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and upped their target price for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

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.