Union Pacific Corporation (UNP) : Maple Securities Usa Inc has sold out all of its stake in Union Pacific Corporation during the most recent quarter, according to the disclosure filed by the company on Apr 13, 2016 with the SEC. The investment management company has sold out 4,687 shares of Union Pacific Corporation which is valued at $380,631.
Union Pacific Corporation closed down -0.33 points or -0.41% at $80.88 with 73,48,247 shares getting traded on Monday. Post opening the session at $79.98, the shares hit an intraday low of $78.62 and an intraday high of $82.04 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Independent Portfolio Consultants reduced its stake in UNP by selling 110 shares or 20.37% in the most recent quarter. The Hedge Fund company now holds 430 shares of UNP which is valued at $34,920. Union Pacific Corporation makes up approx 0.01% of Independent Portfolio Consultants’s portfolio.Capstone Asset Management Co boosted its stake in UNP in the latest quarter, The investment management firm added 3,030 additional shares and now holds a total of 101,352 shares of Union Pacific Corporation which is valued at $8,230,796. Union Pacific Corporation makes up approx 0.23% of Capstone Asset Management Co’s portfolio.Beese Fulmer Investment Management boosted its stake in UNP in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 9,245 shares of Union Pacific Corporation which is valued at $750,786. Union Pacific Corporation makes up approx 0.22% of Beese Fulmer Investment Management’s portfolio.Burns J W Co Incny reduced its stake in UNP by selling 900 shares or 9.26% in the most recent quarter. The Hedge Fund company now holds 8,815 shares of UNP which is valued at $693,652. Union Pacific Corporation makes up approx 0.22% of Burns J W Co Incny’s portfolio.
On the company’s financial health, Union Pacific Corporation reported $1.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Jan 21, 2016. Analyst had a consensus of $1.41. The company had revenue of $5208.00 million for the quarter, compared to analysts expectations of $5420.10 million. The company’s revenue was down -15.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.61 EPS.
Many Wall Street Analysts have commented on Union Pacific Corporation. Shares were Downgraded by UBS on Apr 18, 2016 to ” Neutral” and Lowered the Price Target to $ 88 from a previous price target of $89 .Union Pacific Corporation was Downgraded by Morgan Stanley to ” Equal-Weight” on Feb 23, 2016. Union Pacific Corporation was Upgraded by BofA/Merrill to ” Buy” on Feb 22, 2016.
Union Pacific Corporation operates through its principal operating company Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States which has 31974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail providing a supply chain link around the world. Its business mix includes agricultural products automotive chemicals coal industrial products and intermodal. The Company serves United States population centers operates from West Coast and Gulf Coast ports to eastern gateways connects with Canada’s rail systems and serves six Mexico gateways. The Company’s freight traffic consists of bulk manifest and premium business.