Union Pacific Corporation $UNP Shares Sold by Optimum Investment Advisors

Optimum Investment Advisors cut its stake in shares of Union Pacific Corporation (NYSE:UNP) by 2.9% in the second quarter, HoldingsChannel.com reports. The fund owned 3,957 shares of the railroad operator’s stock after selling 120 shares during the period. Optimum Investment Advisors’ holdings in Union Pacific were worth $910,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its position in Union Pacific by 10.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after acquiring an additional 8,925 shares during the period. LGT Group Foundation raised its position in Union Pacific by 9.7% during the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after acquiring an additional 477 shares during the period. Nuveen LLC acquired a new position in Union Pacific during the first quarter worth $988,822,000. SlateStone Wealth LLC raised its position in shares of Union Pacific by 6.2% in the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after buying an additional 772 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC raised its position in shares of Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock valued at $866,000 after buying an additional 359 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Union Pacific stock opened at $216.56 on Friday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The stock has a market cap of $128.44 billion, a P/E ratio of 18.40, a PEG ratio of 2.25 and a beta of 1.07. The company has a 50-day moving average price of $224.95 and a 200 day moving average price of $224.39. The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. During the same period last year, the business earned $2.75 earnings per share. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. Sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on UNP. Robert W. Baird began coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 target price for the company. Wells Fargo & Company increased their target price on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Friday. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a research report on Thursday. Finally, Royal Bank Of Canada increased their target price on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. One 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 data from MarketBeat.com, the stock currently has a consensus 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.