CoreCap Advisors LLC Lowers Holdings in Union Pacific Co. (NYSE:UNP)

CoreCap Advisors LLC lessened its stake in Union Pacific Co. (NYSE:UNP) by 37.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,756 shares of the railroad operator’s stock after selling 5,814 shares during the quarter. CoreCap Advisors LLC’s holdings in Union Pacific were worth $2,225,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of UNP. Cornerstone Financial Group LLC NE acquired a new position in Union Pacific in the 4th quarter valued at $754,000. Cornerstone Select Advisors LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $1,105,000. Corton Capital Inc. lifted its stake in shares of Union Pacific by 80.2% in the fourth quarter. Corton Capital Inc. now owns 1,788 shares of the railroad operator’s stock worth $408,000 after buying an additional 796 shares in the last quarter. Crestline Management LP acquired a new position in Union Pacific during the fourth quarter worth about $17,323,000. Finally, Capital Advantage Inc. purchased a new stake in Union Pacific during the 4th quarter valued at about $226,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Raymond James reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a research report on Wednesday, April 16th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 target price on the stock. BMO Capital Markets increased their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Jefferies Financial Group decreased their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $257.86.

Union Pacific Price Performance

Shares of UNP opened at $214.00 on Thursday. The stock has a market cap of $127.86 billion, a P/E ratio of 19.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The stock’s 50-day moving average price is $226.74 and its two-hundred day moving average price is $234.12. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the business posted $2.69 earnings per share. The business’s quarterly revenue was down .1% on a year-over-year basis. On average, equities analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

About Union Pacific

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.