Reliant Investment Partners LLC Sells 175 Shares of Union Pacific Corporation $UNP

Reliant Investment Partners LLC trimmed its holdings in Union Pacific Corporation (NYSE:UNP) by 9.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,765 shares of the railroad operator’s stock after selling 175 shares during the quarter. Reliant Investment Partners LLC’s holdings in Union Pacific were worth $406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in UNP. CBIZ Investment Advisory Services LLC boosted its holdings in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Union Pacific during the 1st quarter valued at $32,000. WPG Advisers LLC acquired a new position in shares of Union Pacific during the 1st quarter valued at $33,000. Cornerstone Planning Group LLC boosted its stake in Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after acquiring an additional 56 shares in the last quarter. Finally, GFG Capital LLC acquired a new stake in Union Pacific in the second quarter worth $38,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP stock opened at $218.26 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The business has a 50-day simple moving average of $224.92 and a two-hundred day simple moving average of $224.36. The company has a market capitalization of $129.46 billion, a P/E ratio of 18.54, a price-to-earnings-growth 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 issued its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.75 earnings per share. Research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UNP. Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Royal Bank Of Canada boosted their target price on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Sanford C. Bernstein upped their price target on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Finally, Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and upped their target price for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target 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.