Union Pacific Corporation $UNP Shares Sold by Stanley Laman Group Ltd.

Key Points

• Stanley Laman Group Ltd. reduced its stake in Union Pacific Corporation by 8.5%, bringing its holdings to 13,400 shares, valued at approximately $3.08 million.
• Union Pacific reported $3.03 earnings per share (EPS) for the latest quarter, exceeding analyst expectations, with a revenue of $6.15 billion, a 2.4% increase year-over-year.
• Currently, around 80.38% of Union Pacific's stock is held by institutional investors, reflecting strong interest from large financial entities.

Stanley Laman Group Ltd. trimmed its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 8.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,400 shares of the railroad operator's stock after selling 1,241 shares during the period. Stanley Laman Group Ltd.'s holdings in Union Pacific were worth $3,083,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Northern Trust Corp increased its position in shares of Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator's stock valued at $1,678,575,000 after acquiring an additional 142,732 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Union Pacific by 5.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator's stock valued at $1,641,715,000 after acquiring an additional 354,463 shares during the period. Royal Bank of Canada boosted its holdings in Union Pacific by 1.7% in the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator's stock valued at $1,206,191,000 after purchasing an additional 86,292 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in Union Pacific by 10.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator's stock valued at $1,092,893,000 after purchasing an additional 452,788 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of Union Pacific during the 1st quarter valued at about $988,822,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.9%

UNP stock opened at $225.98 on Friday. The company's 50-day simple moving average is $224.71 and its 200-day simple moving average is $224.12. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The firm has a market cap of $134.03 billion, a P/E ratio of 19.63, a PEG ratio of 2.33 and a beta of 1.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same period in the prior year, the company posted $2.74 EPS. The company's revenue for the quarter was up 2.4% on a year-over-year basis. As a group, equities analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings reissued a "hold (c+)" rating on shares of Union Pacific in a report on Wednesday, October 8th. Morgan Stanley decreased their price objective on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a report on Monday, July 7th. Citigroup reissued a "buy" rating and issued a $263.00 price objective (up previously from $251.00) on shares of Union Pacific in a report on Monday. Royal Bank Of Canada boosted their price objective on Union Pacific from $257.00 to $276.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Finally, Jefferies Financial Group raised Union Pacific from a "hold" rating to a "buy" rating and boosted their price objective for the company from $250.00 to $285.00 in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $261.58.

Union Pacific 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.

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