Crewe Advisors LLC Reduces Position in Union Pacific Co. (NYSE:UNP)

Crewe Advisors LLC lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 54.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,237 shares of the railroad operator’s stock after selling 1,474 shares during the quarter. Crewe Advisors LLC’s holdings in Union Pacific were worth $200,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in UNP. Nuveen Asset Management LLC increased its holdings in shares of Union Pacific by 1,957.4% during the second quarter. Nuveen Asset Management LLC now owns 8,164,209 shares of the railroad operator’s stock valued at $1,380,648,000 after acquiring an additional 7,767,384 shares in the last quarter. Invesco Ltd. grew its stake in shares of Union Pacific by 106.4% in the second quarter. Invesco Ltd. now owns 4,282,775 shares of the railroad operator’s stock valued at $724,260,000 after buying an additional 2,207,908 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Union Pacific by 15,152.8% in the third quarter. Fisher Asset Management LLC now owns 1,792,513 shares of the railroad operator’s stock valued at $290,351,000 after buying an additional 1,780,761 shares in the last quarter. Soroban Capital Partners LP grew its stake in shares of Union Pacific by 69.6% in the second quarter. Soroban Capital Partners LP now owns 4,320,067 shares of the railroad operator’s stock valued at $730,567,000 after buying an additional 1,772,727 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Union Pacific by 10.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 12,804,736 shares of the railroad operator’s stock valued at $2,074,113,000 after buying an additional 1,253,490 shares in the last quarter. 79.47% of the stock is owned by hedge funds and other institutional investors.

UNP has been the subject of a number of research reports. Morgan Stanley dropped their price objective on Union Pacific from $138.00 to $136.00 and set an “underweight” rating for the company in a research note on Friday, October 18th. UBS Group lowered their target price on Union Pacific from $193.00 to $184.00 and set a “buy” rating for the company in a research note on Friday, October 18th. Raymond James set a $197.00 target price on Union Pacific and gave the stock a “buy” rating in a research note on Friday, July 19th. Deutsche Bank boosted their target price on Union Pacific from $197.00 to $206.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Finally, Zacks Investment Research raised Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 target price for the company in a research note on Monday, July 22nd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Union Pacific presently has an average rating of “Buy” and an average price target of $178.67.

Shares of NYSE UNP opened at $176.80 on Tuesday. The company has a market capitalization of $122.25 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 2.07 and a beta of 1.06. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.89 and a quick ratio of 0.72. The business has a 50-day moving average of $165.23 and a two-hundred day moving average of $168.94. Union Pacific Co. has a 1 year low of $128.08 and a 1 year high of $180.54.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 17th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.07). The business had revenue of $5.52 billion for the quarter, compared to analysts’ expectations of $5.65 billion. Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The firm’s quarterly revenue was down 7.0% on a year-over-year basis. During the same period last year, the firm earned $2.15 earnings per share. As a group, equities research analysts expect that Union Pacific Co. will post 8.52 earnings per share for the current year.

About Union Pacific

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; 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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