Aull & Monroe Investment Management Corp Has $1.92 Million Position in Union Pacific Corporation $UNP

Aull & Monroe Investment Management Corp cut its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 7.7% during the second quarter, Holdings Channel reports. The fund owned 8,339 shares of the railroad operator’s stock after selling 700 shares during the quarter. Aull & Monroe Investment Management Corp’s holdings in Union Pacific were worth $1,919,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp grew its holdings in Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock valued at $1,678,575,000 after buying an additional 142,732 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Union Pacific by 5.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock valued at $1,641,715,000 after buying an additional 354,463 shares in the last quarter. Royal Bank of Canada grew its holdings in Union Pacific by 1.7% in the 1st quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock valued at $1,206,191,000 after buying an additional 86,292 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in 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 buying an additional 452,788 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Union Pacific in the 1st quarter valued at $988,822,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

UNP opened at $225.98 on Friday. The firm has a market cap of $134.03 billion, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 2.35 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. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The business’s fifty day moving average is $224.71 and its 200-day moving average is $224.02.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping 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 business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the prior year, the company earned $2.74 EPS. Union Pacific’s revenue for the quarter was up 2.4% on a year-over-year basis. Sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on UNP. Wells Fargo & Company upped their price objective on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Morgan Stanley reduced their target price on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. Argus lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. One 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 MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $261.58.

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.