Stanley Laman Group Ltd. Cuts Stock Holdings in Union Pacific Corporation $UNP

Stanley Laman Group Ltd. reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 8.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,400 shares of the railroad operator’s stock after selling 1,241 shares during the period. Stanley Laman Group Ltd.’s holdings in Union Pacific were worth $3,083,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Pines Wealth Management LLC increased its stake in 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 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 buying an additional 44 shares in the last quarter. Five Oceans Advisors increased its stake in Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after buying an additional 44 shares in the last quarter. Stiles Financial Services Inc increased its stake in Union Pacific by 1.6% during the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after buying an additional 48 shares in the last quarter. Finally, Avalon Trust Co lifted 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 worth $237,000 after purchasing an additional 49 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 0.9%

Shares of NYSE UNP opened at $225.98 on Friday. The company has a 50 day simple moving average of $224.71 and a 200-day simple moving average of $224.12. The company has a market capitalization of $134.03 billion, a P/E ratio of 19.63, a P/E/G ratio of 2.33 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

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, topping analysts’ consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business’s revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.74 EPS. On average, equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UNP. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Wells Fargo & Company raised their target price 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. JPMorgan Chase & Co. decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Baird R W raised shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Finally, Citigroup reissued a “buy” rating and issued a $263.00 target price (up from $251.00) on shares of Union Pacific in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock 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.