Ashmore Wealth Management LLC Has $48.55 Million Position in Union Pacific Corporation (UNP)

Ashmore Wealth Management LLC trimmed its position in Union Pacific Corporation (NYSE:UNP) by 3.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 445,765 shares of the railroad operator’s stock after selling 17,502 shares during the period. Union Pacific Corporation makes up approximately 2.7% of Ashmore Wealth Management LLC’s holdings, making the stock its 14th biggest holding. Ashmore Wealth Management LLC owned 0.06% of Union Pacific Corporation worth $48,548,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Ffcm LLC raised its position in shares of Union Pacific Corporation by 8.0% in the 2nd quarter. Ffcm LLC now owns 33,950 shares of the railroad operator’s stock valued at $3,697,000 after acquiring an additional 2,501 shares during the period. Calamos Advisors LLC raised its position in shares of Union Pacific Corporation by 0.3% in the 2nd quarter. Calamos Advisors LLC now owns 407,534 shares of the railroad operator’s stock valued at $44,385,000 after acquiring an additional 1,084 shares during the period. Atlantic Trust Group LLC raised its position in shares of Union Pacific Corporation by 3.6% in the 2nd quarter. Atlantic Trust Group LLC now owns 1,005,413 shares of the railroad operator’s stock valued at $109,499,000 after acquiring an additional 34,695 shares during the period. Northwestern Mutual Investment Management Company LLC raised its position in shares of Union Pacific Corporation by 189.8% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 476,662 shares of the railroad operator’s stock valued at $41,589,000 after acquiring an additional 312,159 shares during the period. Finally, Synovus Financial Corp raised its position in shares of Union Pacific Corporation by 6.3% in the 2nd quarter. Synovus Financial Corp now owns 10,900 shares of the railroad operator’s stock valued at $1,186,000 after acquiring an additional 650 shares during the period. Institutional investors and hedge funds own 79.66% of the company’s stock.

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A number of analysts recently weighed in on UNP shares. Argus increased their price target on shares of Union Pacific Corporation from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, October 31st. Stifel Nicolaus reissued a “hold” rating and set a $118.00 target price (up from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. BMO Capital Markets reissued a “buy” rating on shares of Union Pacific Corporation in a research note on Friday, October 20th. BidaskClub cut Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Morgan Stanley cut Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $102.00 to $100.00 in a research note on Monday, October 2nd. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $117.59.

Shares of Union Pacific Corporation (NYSE:UNP) opened at $116.23 on Wednesday. The company has a market capitalization of $91,862.59, a P/E ratio of 20.62, a PEG ratio of 1.89 and a beta of 0.87. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. Union Pacific Corporation has a twelve month low of $97.48 and a twelve month high of $119.71.

Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.36 EPS. analysts forecast that Union Pacific Corporation will post 5.78 earnings per share for the current year.

About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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

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