Aspiriant LLC Sells 906 Shares of Union Pacific Corporation $UNP

Aspiriant LLC cut its stake in Union Pacific Corporation (NYSE:UNP) by 11.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,135 shares of the railroad operator’s stock after selling 906 shares during the quarter. Aspiriant LLC’s holdings in Union Pacific were worth $1,642,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of UNP. Nuveen LLC bought a new stake in shares of Union Pacific in the 1st quarter valued at about $988,822,000. Goldman Sachs Group Inc. grew its position in shares of Union Pacific by 29.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after purchasing an additional 850,025 shares during the period. Auto Owners Insurance Co grew its position in shares of Union Pacific by 61,054.6% in the 1st quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock valued at $147,650,000 after purchasing an additional 623,978 shares during the period. Menora Mivtachim Holdings LTD. acquired a new position in shares of Union Pacific in the 1st quarter valued at approximately $115,096,000. Finally, Canada Pension Plan Investment Board grew its position in shares of Union Pacific by 10.8% in the 1st quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock valued at $1,092,893,000 after purchasing an additional 452,788 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 0.9%

NYSE:UNP opened at $225.98 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The business has a 50 day moving average price of $224.71 and a two-hundred day moving average price of $224.12. The company has a market cap of $134.03 billion, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm posted $2.74 EPS. The business’s revenue was up 2.4% on a year-over-year basis. As a group, analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wells Fargo & Company boosted their price objective on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Susquehanna reiterated a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the company from $250.00 to $285.00 in a research report on Friday, July 25th. Citigroup reiterated a “buy” rating and issued a $263.00 price objective (up from $251.00) on shares of Union Pacific in a research report on Monday. Finally, JPMorgan Chase & Co. decreased 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. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $261.58.

Union Pacific Company 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.