Union Pacific Co. (NYSE:UNP) Shares Sold by David Loasby

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David Loasby lessened its holdings in Union Pacific Co. (NYSE:UNP) by 17.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,965 shares of the railroad operator’s stock after selling 623 shares during the quarter. David Loasby’s holdings in Union Pacific were worth $584,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Thomasville National Bank lifted its stake in shares of Union Pacific by 2.2% during the third quarter. Thomasville National Bank now owns 2,467 shares of the railroad operator’s stock worth $486,000 after buying an additional 52 shares during the period. Smith Moore & CO. grew its stake in Union Pacific by 0.5% during the 2nd quarter. Smith Moore & CO. now owns 11,411 shares of the railroad operator’s stock valued at $1,929,000 after purchasing an additional 54 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. increased its holdings in shares of Union Pacific by 0.6% in the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 9,016 shares of the railroad operator’s stock valued at $1,524,000 after purchasing an additional 55 shares during the period. Toth Financial Advisory Corp increased its holdings in shares of Union Pacific by 8.8% in the third quarter. Toth Financial Advisory Corp now owns 680 shares of the railroad operator’s stock valued at $134,000 after purchasing an additional 55 shares during the period. Finally, CX Institutional raised its stake in shares of Union Pacific by 6.6% in the second quarter. CX Institutional now owns 940 shares of the railroad operator’s stock worth $159,000 after purchasing an additional 58 shares during the last quarter. Institutional investors and hedge funds own 78.16% of the company’s stock.

NYSE:UNP traded down $0.62 during trading hours on Thursday, reaching $172.75. 78,422 shares of the company were exchanged, compared to its average volume of 3,603,394. The company has a current ratio of 0.96, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61. The firm has a market cap of $116.83 billion, a PE ratio of 21.51, a price-to-earnings-growth ratio of 2.59 and a beta of 1.02. Union Pacific Co. has a twelve month low of $105.08 and a twelve month high of $210.95. The stock’s 50-day moving average is $198.51 and its 200-day moving average is $177.91.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 22nd. The railroad operator reported $2.01 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.05). The company had revenue of $4.92 billion for the quarter, compared to analysts’ expectations of $4.97 billion. Union Pacific had a return on equity of 32.45% and a net margin of 27.54%. The firm’s revenue for the quarter was down 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.22 EPS. As a group, research analysts anticipate that Union Pacific Co. will post 7.93 EPS for the current year.

Several brokerages recently weighed in on UNP. Stifel Nicolaus increased their price target on shares of Union Pacific from $172.00 to $175.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. Benchmark raised their target price on shares of Union Pacific from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, September 24th. Bank of America boosted their target price on shares of Union Pacific from $198.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Barclays increased their price target on Union Pacific from $165.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Finally, The Goldman Sachs Group lifted their price objective on Union Pacific from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, September 1st. One analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $184.63.

In other news, VP Todd M. Rynaski sold 1,500 shares of Union Pacific stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $190.46, for a total value of $285,690.00. Following the sale, the vice president now directly owns 10,550 shares of the company’s stock, valued at $2,009,353. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Elizabeth F. Whited sold 5,376 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $195.51, for a total value of $1,051,061.76. Following the sale, the executive vice president now owns 62,558 shares of the company’s stock, valued at $12,230,714.58. The disclosure for this sale can be found here. Insiders have sold 7,876 shares of company stock valued at $1,530,542 in the last three months. Insiders own 0.20% of the company’s stock.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products to grain processors, animal feeders, ethanol producers, and other agricultural users; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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