Union Pacific Corporation (UNP) : Country Club Trust Company N.a. reduced its stake in Union Pacific Corporation by 30.97% during the most recent quarter end. The investment management company now holds a total of 12,651 shares of Union Pacific Corporation which is valued at $1,225,123 after selling 5,676 shares in Union Pacific Corporation , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Union Pacific Corporation makes up approximately 0.18% of Country Club Trust Company N.a.’s portfolio.
Other Hedge Funds, Including , Gateway Advisory boosted its stake in UNP in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 6,384 shares of Union Pacific Corporation which is valued at $618,227. Union Pacific Corporation makes up approx 0.22% of Gateway Advisory’s portfolio.Contravisory Investment Management boosted its stake in UNP in the latest quarter, The investment management firm added 20 additional shares and now holds a total of 55 shares of Union Pacific Corporation which is valued at $5,354.Eqis Capital Management reduced its stake in UNP by selling 405 shares or 3.46% in the most recent quarter. The Hedge Fund company now holds 11,294 shares of UNP which is valued at $1,112,911. Union Pacific Corporation makes up approx 0.07% of Eqis Capital Management’s portfolio.
Union Pacific Corporation opened for trading at $97.07 and hit $98.26 on the upside on Friday, eventually ending the session at $96.84, with a gain of 0.10% or 0.1 points. The heightened volatility saw the trading volume jump to 49,27,443 shares. Company has a market cap of $80,659 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.
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.