Redwood Park Advisors LLC Sells 1,098 Shares of Union Pacific Corporation $UNP

Redwood Park Advisors LLC cut its position in Union Pacific Corporation (NYSE:UNP) by 44.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,375 shares of the railroad operator’s stock after selling 1,098 shares during the period. Redwood Park Advisors LLC’s holdings in Union Pacific were worth $316,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Union Pacific by 21.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 67,123 shares of the railroad operator’s stock worth $15,583,000 after purchasing an additional 11,881 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Union Pacific by 3.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 79,752 shares of the railroad operator’s stock worth $18,915,000 after buying an additional 2,369 shares during the last quarter. Golden State Wealth Management LLC raised its position in Union Pacific by 3.5% in the 1st quarter. Golden State Wealth Management LLC now owns 1,658 shares of the railroad operator’s stock worth $392,000 after buying an additional 56 shares during the last quarter. Verity Asset Management Inc. raised its position in Union Pacific by 81.4% in the 1st quarter. Verity Asset Management Inc. now owns 3,114 shares of the railroad operator’s stock worth $736,000 after buying an additional 1,397 shares during the last quarter. Finally, Amalgamated Bank raised its holdings in shares of Union Pacific by 1.8% during the first quarter. Amalgamated Bank now owns 123,510 shares of the railroad operator’s stock valued at $29,178,000 after purchasing an additional 2,237 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

Shares of UNP opened at $218.26 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The business has a 50-day simple moving average of $224.92 and a two-hundred day simple moving average of $224.36. The stock has a market cap of $129.46 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 2.27 and a beta of 1.07. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UNP. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. Baird R W upgraded shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Susquehanna reiterated a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Robert W. Baird began coverage on Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective for the company. Finally, UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.