Union Pacific Corporation (UNP) : Armstrong Henry H Associates Inc scooped up 6,580 additional shares in Union Pacific Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 18,880 shares of Union Pacific Corporation which is valued at $1,729,974.Union Pacific Corporation makes up approximately 0.33% of Armstrong Henry H Associates Inc’s portfolio.
Other Hedge Funds, Including , Pggm Investments boosted its stake in UNP in the latest quarter, The investment management firm added 144,695 additional shares and now holds a total of 384,456 shares of Union Pacific Corporation which is valued at $35,227,703. Union Pacific Corporation makes up approx 0.18% of Pggm Investments’s portfolio.Louisiana State Employees Retirement System reduced its stake in UNP by selling 1,400 shares or 2.47% in the most recent quarter. The Hedge Fund company now holds 55,200 shares of UNP which is valued at $5,057,976. Union Pacific Corporation makes up approx 0.26% of Louisiana State Employees Retirement System’s portfolio.Garland Capital Management Inc boosted its stake in UNP in the latest quarter, The investment management firm added 800 additional shares and now holds a total of 36,825 shares of Union Pacific Corporation which is valued at $3,465,969. Union Pacific Corporation makes up approx 2.67% of Garland Capital Management Inc’s portfolio. Barometer Capital Management sold out all of its stake in UNP during the most recent quarter. The investment firm sold 36,300 shares of UNP which is valued $3,416,556.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 closed down -0.03 points or -0.03% at $93.05 with 28,01,094 shares getting traded on Friday. Post opening the session at $92.55, the shares hit an intraday low of $92.26 and an intraday high of $93.31 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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.