Alpha Cubed Investments LLC Sells 70,827 Shares of Union Pacific Corporation $UNP

Alpha Cubed Investments LLC decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 59.8% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,622 shares of the railroad operator’s stock after selling 70,827 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Union Pacific were worth $10,957,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of UNP. CBIZ Investment Advisory Services LLC boosted its stake 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 worth $28,000 after acquiring an additional 112 shares during the period. Access Investment Management LLC purchased a new position in Union Pacific in the 2nd quarter worth approximately $32,000. WPG Advisers LLC bought a new position in Union Pacific in the 1st quarter worth approximately $33,000. GFG Capital LLC bought a new position in Union Pacific in the 2nd quarter worth approximately $38,000. Finally, IMA Advisory Services Inc. purchased a new stake in Union Pacific during the 1st quarter valued at approximately $43,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $221.65 on Monday. The company has a market cap of $131.47 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 2.27 and a beta of 1.04. 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 stock’s fifty day moving average price is $224.06 and its 200 day moving average price is $224.40. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The company 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 firm’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.75 EPS. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. BMO Capital Markets lowered their target price on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. Wells Fargo & Company boosted their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Susquehanna reissued a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. TD Cowen cut their price objective on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Finally, Royal Bank Of Canada boosted their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Company 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.