Americana Partners LLC cut its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 7.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,728 shares of the railroad operator’s stock after selling 1,409 shares during the period. Americana Partners LLC’s holdings in Union Pacific were worth $4,079,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of UNP. Nuveen LLC acquired a new position in Union Pacific in the first quarter valued at approximately $988,822,000. Rothschild & Co Wealth Management UK Ltd raised its position in Union Pacific by 3,536.2% in the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock valued at $232,767,000 after purchasing an additional 983,855 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Union Pacific by 29.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after purchasing an additional 850,025 shares during the last quarter. Auto Owners Insurance Co lifted its stake in shares of Union Pacific by 61,054.6% in the 1st quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock valued at $147,650,000 after purchasing an additional 623,978 shares during the last quarter. Finally, Menora Mivtachim Holdings LTD. purchased a new position in shares of Union Pacific during the 1st quarter worth $115,096,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Stock Up 1.2%
UNP stock opened at $224.05 on Tuesday. The company’s 50 day moving average price is $224.07 and its 200 day moving average price is $224.46. The firm has a market capitalization of $132.90 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week 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.
Wall Street Analyst Weigh In
UNP has been the topic of several research analyst reports. BMO Capital Markets reduced their price objective 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. Cowen reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Evercore ISI decreased their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a report on Friday, July 25th. UBS Group set a $253.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Finally, Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.
Read Our Latest Analysis on UNP
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.
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