Union Pacific Corporation $UNP Stock Position Reduced by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC decreased its position in Union Pacific Corporation (NYSE:UNP) by 40.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,060 shares of the railroad operator’s stock after selling 719 shares during the period. Atlas Legacy Advisors LLC’s holdings in Union Pacific were worth $244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Penserra Capital Management LLC raised its position in shares of Union Pacific by 94.1% during the 1st quarter. Penserra Capital Management LLC now owns 3,081 shares of the railroad operator’s stock worth $727,000 after purchasing an additional 1,494 shares during the period. Brown Advisory Inc. boosted its position in Union Pacific by 0.4% during the 1st quarter. Brown Advisory Inc. now owns 56,170 shares of the railroad operator’s stock valued at $13,269,000 after purchasing an additional 203 shares during the period. Cornerstone Planning Group LLC increased its position in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after buying an additional 56 shares during the period. Alps Advisors Inc. increased its position in Union Pacific by 6.9% in the first quarter. Alps Advisors Inc. now owns 27,722 shares of the railroad operator’s stock worth $6,549,000 after buying an additional 1,790 shares during the period. Finally, Financial Gravity Asset Management Inc. bought a new stake in Union Pacific in the first quarter valued at $32,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $221.65 on Friday. The stock has a market cap of $131.47 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 2.27 and a beta of 1.04. 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 12 month low of $204.66 and a 12 month high of $256.84. The stock’s 50 day moving average price is $224.06 and its 200 day moving average price is $224.32.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same period last year, the company posted $2.75 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Royal Bank Of Canada upped their price target on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Cowen reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Sanford C. Bernstein lifted their price target on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

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.