North Star Asset Management Inc. Sells 2,183 Shares of Union Pacific Co. (UNP)

North Star Asset Management Inc. lessened its stake in Union Pacific Co. (NYSE:UNP) by 2.1% in the 3rd quarter, Holdings Channel reports. The firm owned 101,919 shares of the railroad operator’s stock after selling 2,183 shares during the period. Union Pacific makes up about 1.3% of North Star Asset Management Inc.’s investment portfolio, making the stock its 15th biggest position. North Star Asset Management Inc.’s holdings in Union Pacific were worth $16,595,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Arrow Financial Corp increased its stake in Union Pacific by 2.3% during the third quarter. Arrow Financial Corp now owns 14,995 shares of the railroad operator’s stock worth $2,442,000 after acquiring an additional 339 shares during the last quarter. Fluent Financial LLC grew its stake in shares of Union Pacific by 11.4% in the second quarter. Fluent Financial LLC now owns 3,506 shares of the railroad operator’s stock valued at $497,000 after buying an additional 358 shares in the last quarter. Summit Trail Advisors LLC grew its stake in shares of Union Pacific by 11.5% in the first quarter. Summit Trail Advisors LLC now owns 3,504 shares of the railroad operator’s stock valued at $478,000 after buying an additional 360 shares in the last quarter. Good Life Advisors LLC grew its stake in shares of Union Pacific by 9.5% in the third quarter. Good Life Advisors LLC now owns 4,241 shares of the railroad operator’s stock valued at $690,000 after buying an additional 367 shares in the last quarter. Finally, Whittier Trust Co. grew its stake in shares of Union Pacific by 0.7% in the second quarter. Whittier Trust Co. now owns 49,496 shares of the railroad operator’s stock valued at $7,013,000 after buying an additional 368 shares in the last quarter. 80.36% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently weighed in on UNP shares. Morgan Stanley cut Union Pacific from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $141.00 to $134.00 in a research note on Monday, October 22nd. Cowen reaffirmed a “hold” rating and issued a $151.00 price objective on shares of Union Pacific in a research note on Tuesday, September 18th. UBS Group lifted their price objective on Union Pacific from $161.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, September 20th. Deutsche Bank cut Union Pacific from a “buy” rating to a “hold” rating and set a $162.00 price objective for the company. in a research note on Tuesday, August 14th. Finally, ValuEngine raised Union Pacific from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $161.44.



NYSE:UNP opened at $146.28 on Wednesday. The firm has a market capitalization of $105.17 billion, a P/E ratio of 25.26, a P/E/G ratio of 1.69 and a beta of 0.81. Union Pacific Co. has a 12-month low of $115.16 and a 12-month high of $165.63. The company has a quick ratio of 0.89, a current ratio of 1.06 and a debt-to-equity ratio of 1.01.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.10 by $0.05. The firm had revenue of $5.93 billion during the quarter, compared to analyst estimates of $5.88 billion. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. During the same period last year, the business posted $1.50 earnings per share. Equities research analysts predict that Union Pacific Co. will post 7.83 earnings per share for the current year.

In other Union Pacific news, EVP Robert M. Knight, Jr. sold 20,000 shares of Union Pacific stock in a transaction dated Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the completion of the sale, the executive vice president now directly owns 106,518 shares of the company’s stock, valued at approximately $17,448,713.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lynden L. Tennison sold 8,450 shares of Union Pacific stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total value of $1,282,034.00. Following the sale, the executive vice president now directly owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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