Optimum Investment Advisors Sells 120 Shares of Union Pacific Corporation $UNP

Optimum Investment Advisors lessened its position in shares of Union Pacific Corporation (NYSE:UNP) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,957 shares of the railroad operator’s stock after selling 120 shares during the quarter. Optimum Investment Advisors’ holdings in Union Pacific were worth $910,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of UNP. Nuveen LLC bought a new position in shares of Union Pacific during the 1st quarter worth approximately $988,822,000. Goldman Sachs Group Inc. increased its stake in Union Pacific by 29.8% during 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 in the last quarter. Auto Owners Insurance Co increased its stake in Union Pacific by 61,054.6% during 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 in the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in Union Pacific during the 1st quarter valued at approximately $115,096,000. Finally, Canada Pension Plan Investment Board increased its stake in Union Pacific by 10.8% during 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 in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on UNP. BMO Capital Markets cut their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday. Wells Fargo & Company upped their price target on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Baird R W upgraded shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Morgan Stanley cut their price target on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday, July 7th. Finally, The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Down 1.6%

UNP stock opened at $216.56 on Friday. The firm’s fifty day simple moving average is $224.95 and its 200-day simple moving average is $224.39. The company has a market capitalization of $128.44 billion, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 2.25 and a beta of 1.07. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.53. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating 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 business had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. During the same period in the prior year, the firm earned $2.75 EPS. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

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.