Intellectus Partners LLC Sells 418 Shares of Union Pacific Corporation $UNP

Intellectus Partners LLC reduced its position in Union Pacific Corporation (NYSE:UNP) by 6.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,622 shares of the railroad operator’s stock after selling 418 shares during the period. Intellectus Partners LLC’s holdings in Union Pacific were worth $1,294,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AAF Wealth Management LLC bought a new stake in Union Pacific in the 2nd quarter valued at about $205,000. iA Global Asset Management Inc. raised its stake in Union Pacific by 54.7% in the 2nd quarter. iA Global Asset Management Inc. now owns 240,432 shares of the railroad operator’s stock valued at $55,319,000 after acquiring an additional 85,031 shares during the period. Castlekeep Investment Advisors LLC raised its stake in Union Pacific by 9.8% in the 2nd quarter. Castlekeep Investment Advisors LLC now owns 5,426 shares of the railroad operator’s stock valued at $1,248,000 after acquiring an additional 486 shares during the period. MUFG Securities EMEA plc bought a new stake in Union Pacific in the 2nd quarter valued at about $10,354,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in Union Pacific by 116.5% in the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,325 shares of the railroad operator’s stock valued at $535,000 after acquiring an additional 1,251 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on UNP shares. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Barclays cut Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Susquehanna reiterated a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Finally, JPMorgan Chase & Co. upped their price target on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. One 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Stock Up 0.9%

Shares of UNP opened at $220.80 on Monday. The firm has a market cap of $130.97 billion, a P/E ratio of 18.76, a P/E/G ratio of 2.27 and a beta of 1.07. The stock has a 50 day simple moving average of $224.37 and a two-hundred day simple moving average of $224.37. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last issued its earnings results 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. The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.75 earnings per share. On average, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal 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.