Waratah Capital Advisors Ltd. Sells 8,403 Shares of Union Pacific Corporation $UNP

Waratah Capital Advisors Ltd. lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 60.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,482 shares of the railroad operator’s stock after selling 8,403 shares during the quarter. Waratah Capital Advisors Ltd.’s holdings in Union Pacific were worth $1,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Pines Wealth Management LLC boosted its holdings in Union Pacific by 1.7% in the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after purchasing an additional 43 shares during the period. Titleist Asset Management LLC raised its stake in Union Pacific by 1.1% in the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares in the last quarter. Five Oceans Advisors grew its position in Union Pacific by 3.9% in the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after acquiring an additional 44 shares during the last quarter. St. Johns Investment Management Company LLC raised its stake in Union Pacific by 1.6% during the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after acquiring an additional 46 shares in the last quarter. Finally, Schubert & Co lifted its holdings in shares of Union Pacific by 1.9% in the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after acquiring an additional 47 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNP has been the topic of a number of research analyst reports. Susquehanna restated a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Evercore ISI dropped their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and raised their target price for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. Finally, UBS Group set a $253.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Trading Up 0.6%

NYSE:UNP opened at $222.87 on Friday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The firm’s 50 day moving average is $224.18 and its 200 day moving average is $224.66. The stock has a market capitalization of $132.19 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

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, beating the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion for 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%.The business’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.75 earnings per share. Sell-side analysts expect 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.