CoreCap Advisors LLC Lowers Position in Union Pacific Co. (NYSE:UNP)

CoreCap Advisors LLC trimmed its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 37.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,756 shares of the railroad operator's stock after selling 5,814 shares during the period. CoreCap Advisors LLC's holdings in Union Pacific were worth $2,225,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of UNP. abrdn plc boosted its stake in Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after buying an additional 35,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock valued at $44,348,000 after acquiring an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd increased its position in Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after purchasing an additional 53,946 shares during the last quarter. Pinnbrook Capital Management LP purchased a new stake in Union Pacific during the fourth quarter valued at $3,954,000. Finally, Traveka Wealth LLC lifted its holdings in shares of Union Pacific by 236.6% in the 4th quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator's stock valued at $1,041,000 after acquiring an additional 3,210 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

UNP has been the topic of a number of analyst reports. Stephens cut their target price on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Robert W. Baird lifted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Wells Fargo & Company dropped their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 price target for the company. Finally, TD Cowen increased their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $257.86.

Union Pacific Stock Performance

UNP opened at $214.00 on Thursday. The firm's 50-day moving average price is $226.74 and its 200-day moving average price is $234.12. The company has a market cap of $127.86 billion, a P/E ratio of 19.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company's quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business posted $2.69 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

About Union Pacific

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.

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