Union Pacific Corporation (UNP) : Osborne Partners Capital Management reduced its stake in Union Pacific Corporation by 6.43% during the most recent quarter end. The investment management company now holds a total of 106,606 shares of Union Pacific Corporation which is valued at $10,033,757 after selling 7,323 shares in Union Pacific Corporation , the firm said in a disclosure report filed with the SEC on Jul 19, 2016.Union Pacific Corporation makes up approximately 1.45% of Osborne Partners Capital Management’s portfolio.
Other Hedge Funds, Including , First National Bank Of Omaha reduced its stake in UNP by selling 1,455 shares or 2.73% in the most recent quarter. The Hedge Fund company now holds 51,908 shares of UNP which is valued at $4,885,581. Union Pacific Corporation makes up approx 0.37% of First National Bank Of Omaha’s portfolio.Stewart Patten Co reduced its stake in UNP by selling 10,801 shares or 12.05% in the most recent quarter. The Hedge Fund company now holds 78,801 shares of UNP which is valued at $7,416,750. Union Pacific Corporation makes up approx 1.41% of Stewart Patten Co’s portfolio. Gwm Advisors added UNP to its portfolio by purchasing 3,556 company shares during the most recent quarter which is valued at $334,691. Union Pacific Corporation makes up approx 0.14% of Gwm Advisors’s portfolio.First Financial Bank N.a. – Trust Division reduced its stake in UNP by selling 3,273 shares or 48.53% in the most recent quarter. The Hedge Fund company now holds 3,471 shares of UNP which is valued at $302,532. Union Pacific Corporation makes up approx 0.06% of First Financial Bank N.a. – Trust Division’s portfolio.
Union Pacific Corporation opened for trading at $92.73 and hit $94.32 on the upside on Wednesday, eventually ending the session at $94.12, with a gain of 0.18% or 0.17 points. The heightened volatility saw the trading volume jump to 42,45,006 shares. Company has a market cap of $79,158 M.
On the company’s financial health, Union Pacific Corporation reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $1.16. The company had revenue of $4770.00 million for the quarter, compared to analysts expectations of $4784.60 million. The company’s revenue was down -12.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.38 EPS.
Many Wall Street Analysts have commented on Union Pacific Corporation. Deutsche Bank Downgraded Union Pacific Corporation on Jul 20, 2016 to ” Hold”, Price Target of the shares are set at $94.Morgan Stanley Upgraded Union Pacific Corporation on Jun 3, 2016 to ” Overweight”, Price Target of the shares are set at $90.Union Pacific Corporation was Initiated by Credit Agricole to “Sell” on May 19, 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.