Union Pacific Co. (NYSE:UNP) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,187 shares of the railroad operator’s stock after selling 1,580 shares during the quarter. Union Pacific accounts for 0.9% of CENTRAL TRUST Co’s investment portfolio, making the stock its 29th largest position. CENTRAL TRUST Co’s holdings in Union Pacific were worth $39,237,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Richardson Capital Management LLC acquired a new position in Union Pacific during the 1st quarter worth $26,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the second quarter worth approximately $28,000. Tributary Capital Management LLC purchased a new position in Union Pacific in the first quarter worth approximately $30,000. Finally, Financial Gravity Asset Management Inc. grew its holdings in Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $241.34 on Thursday. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The stock’s 50-day moving average price is $246.57 and its 200 day moving average price is $238.60. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $147.02 billion, a PE ratio of 22.66, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.57 earnings per share. As a group, equities research analysts forecast that Union Pacific Co. will post 11.07 EPS for the current year.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on UNP. Benchmark reaffirmed a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Monday, July 29th. Stifel Nicolaus dropped their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Finally, Barclays reduced their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. Nine analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.53.

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.