Townsend & Associates Inc Sells 70 Shares of Union Pacific Corporation $UNP

Townsend & Associates Inc lowered its stake in Union Pacific Corporation (NYSE:UNPFree Report) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,546 shares of the railroad operator’s stock after selling 70 shares during the period. Townsend & Associates Inc’s holdings in Union Pacific were worth $347,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Pines Wealth Management LLC lifted its position in Union Pacific by 1.7% during the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after buying an additional 43 shares during the period. Titleist Asset Management LLC lifted its position in Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after buying an additional 44 shares during the period. Five Oceans Advisors lifted its position in Union Pacific by 3.9% during the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after buying an additional 44 shares during the period. Schubert & Co lifted its position in Union Pacific by 1.9% during the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after buying an additional 47 shares during the period. Finally, Stiles Financial Services Inc lifted its position in Union Pacific by 1.6% during the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after buying an additional 48 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on UNP. JPMorgan Chase & Co. lowered their price objective on Union Pacific from $267.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and raised their price objective for the company from $214.00 to $227.00 in a research report on Tuesday, September 16th. Susquehanna reissued 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. Barclays lowered Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Finally, Evercore ISI reduced their price target on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.58.

Check Out Our Latest Report on UNP

Union Pacific Price Performance

Shares of NYSE:UNP opened at $225.98 on Monday. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The business has a fifty day moving average price of $224.71 and a 200-day moving average price of $224.02. The company has a market capitalization of $134.03 billion, a PE ratio of 19.63, a PEG ratio of 2.35 and a beta of 1.07.

Union Pacific (NYSE:UNPGet Free Report) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same period last year, the company earned $2.74 earnings per share. The company’s revenue was up 2.4% on a year-over-year basis. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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