Union Pacific Corporation (UNP) : Anderson Hoagland Co reduced its stake in Union Pacific Corporation by 35.93% during the most recent quarter end. The investment management company now holds a total of 22,390 shares of Union Pacific Corporation which is valued at $2,107,347 after selling 12,555 shares in Union Pacific Corporation , the firm said in a disclosure report filed with the SEC on Jul 18, 2016.Union Pacific Corporation makes up approximately 1.29% of Anderson Hoagland Co’s portfolio.
Other Hedge Funds, Including , Leavell Investment Management boosted its stake in UNP in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 5,837 shares of Union Pacific Corporation which is valued at $549,378. Union Pacific Corporation makes up approx 0.08% of Leavell Investment Management’s portfolio.Eastern Bank reduced its stake in UNP by selling 122 shares or 0.84% in the most recent quarter. The Hedge Fund company now holds 14,362 shares of UNP which is valued at $1,351,751. Union Pacific Corporation makes up approx 0.11% of Eastern Bank’s portfolio.Central Bank Trust Co reduced its stake in UNP by selling 240 shares or 6.35% in the most recent quarter. The Hedge Fund company now holds 3,537 shares of UNP which is valued at $332,973. Union Pacific Corporation makes up approx 0.09% of Central Bank Trust Co’s portfolio.Carl Domino Inc reduced its stake in UNP by selling 150 shares or 0.9% in the most recent quarter. The Hedge Fund company now holds 16,520 shares of UNP which is valued at $1,498,199. Union Pacific Corporation makes up approx 1.38% of Carl Domino Inc’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 $1.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $1.10. The company had revenue of $4829.00 million for the quarter, compared to analysts expectations of $4887.49 million. The company’s revenue was down -14.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.30 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.