Capital City Trust Cofl Lowers stake in Union Pacific Corporation (UNP)

Union Pacific Corporation (UNP) : Capital City Trust Cofl reduced its stake in Union Pacific Corporation by 1.44% during the most recent quarter end. The investment management company now holds a total of 42,138 shares of Union Pacific Corporation which is valued at $3,912,513 after selling 615 shares in Union Pacific Corporation , the firm said in a disclosure report filed with the SEC on Jul 20, 2016.Union Pacific Corporation makes up approximately 1.54% of Capital City Trust Cofl’s portfolio.

Other Hedge Funds, Including , Horan Capital Management boosted its stake in UNP in the latest quarter, The investment management firm added 32,764 additional shares and now holds a total of 110,782 shares of Union Pacific Corporation which is valued at $10,286,109. Union Pacific Corporation makes up approx 2.74% of Horan Capital Management’s portfolio.Eagle Asset Management Inc reduced its stake in UNP by selling 30,091 shares or 3.34% in the most recent quarter. The Hedge Fund company now holds 870,216 shares of UNP which is valued at $81,904,730. Union Pacific Corporation makes up approx 0.54% of Eagle Asset Management Inc’s portfolio.Hartford Financial Management reduced its stake in UNP by selling 46 shares or 0.34% in the most recent quarter. The Hedge Fund company now holds 13,526 shares of UNP which is valued at $1,271,173. Union Pacific Corporation makes up approx 0.74% of Hartford Financial Management’s portfolio.Bkd Wealth Advisors reduced its stake in UNP by selling 92 shares or 1.88% in the most recent quarter. The Hedge Fund company now holds 4,810 shares of UNP which is valued at $452,813. Union Pacific Corporation makes up approx 0.07% of Bkd Wealth Advisors’s portfolio.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 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 $1.17 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *