Good Life Advisors LLC Has $690,000 Holdings in Union Pacific Co. (UNP)

Good Life Advisors LLC boosted its stake in Union Pacific Co. (NYSE:UNP) by 9.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,241 shares of the railroad operator’s stock after purchasing an additional 367 shares during the period. Good Life Advisors LLC’s holdings in Union Pacific were worth $690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Morgan Stanley increased its position in Union Pacific by 2.8% in the second quarter. Morgan Stanley now owns 15,035,819 shares of the railroad operator’s stock worth $2,130,275,000 after buying an additional 413,967 shares during the period. Janus Henderson Group PLC increased its position in Union Pacific by 55.7% in the second quarter. Janus Henderson Group PLC now owns 5,526,282 shares of the railroad operator’s stock worth $782,980,000 after buying an additional 1,977,446 shares during the period. Schwab Charles Investment Management Inc. increased its position in Union Pacific by 1.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 5,110,636 shares of the railroad operator’s stock worth $724,075,000 after buying an additional 91,243 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of Union Pacific by 1.9% in the second quarter. Canada Pension Plan Investment Board now owns 3,718,928 shares of the railroad operator’s stock worth $526,898,000 after purchasing an additional 68,502 shares in the last quarter. Finally, Egerton Capital UK LLP grew its stake in shares of Union Pacific by 0.3% in the second quarter. Egerton Capital UK LLP now owns 3,279,188 shares of the railroad operator’s stock worth $464,595,000 after purchasing an additional 10,130 shares in the last quarter. 80.36% of the stock is currently owned by hedge funds and other institutional investors.

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

Several research firms have recently issued reports on UNP. UBS Group increased their price target on Union Pacific from $160.00 to $161.00 and gave the stock a “buy” rating in a research note on Friday, July 20th. Cowen reissued a “hold” rating and issued a $151.00 price target on shares of Union Pacific in a research note on Thursday, July 19th. TD Securities cut Union Pacific from a “buy” rating to a “hold” rating and decreased their price target for the stock from $170.00 to $160.00 in a research note on Friday. Bank of America increased their price target on Union Pacific from $158.00 to $166.00 and gave the stock a “buy” rating in a research note on Thursday, August 16th. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $145.00 price target on shares of Union Pacific in a research note on Friday, July 20th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $161.44.

Shares of UNP stock opened at $141.34 on Tuesday. Union Pacific Co. has a fifty-two week low of $115.16 and a fifty-two week high of $165.63. The stock has a market cap of $105.17 billion, a P/E ratio of 24.41, a PEG ratio of 1.71 and a beta of 0.81. 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 announced its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.10 by $0.05. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. The business had revenue of $5.93 billion during the quarter, compared to analysts’ expectations of $5.88 billion. During the same quarter last year, the business posted $1.50 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 7.83 EPS for the current fiscal year.

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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